Senior Standard Deduction For 2024 Tax Year. Tax rates have been much higher. And for 2024, the additional standard deduction for single seniors (65 +) bumps up to $1,950, making for a total standard deduction of $16,700.
Were 818,000 fewer jobs for the year ended in march 2024 than. The new inflation adjustments are for tax year 2024, for which taxpayers will file tax returns in early 2025.