Standard Tax Deduction 2024 Single Senior. The federal income tax has seven tax rates in 2024: If you’re at least 65 years old or considered legally blind at the end of 2024, you’re entitled to an additional standard deduction for the 2024 tax year in the following dollar.
The standard deduction for a married couple filing a joint tax return is $29,200. Learn how it affects your taxable income and any limits on claiming it.
