2024 Tax Standard Deductions For Seniors Over 70. Understanding the income tax slab rates and available deductions can significantly affect tax planning and overall financial health. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.
This guide details the income. If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550.