Xenia Karoline 2024 2024 Standard Deduction For Seniors Over 65

2024 Standard Deduction For Seniors Over 65

2024 Standard Deduction For Seniors Over 65. The basic standard deduction in 2024 and 2025 are: The personal exemption for 2024 remains at $0 (eliminating the personal exemption.


2024 Standard Deduction For Seniors Over 65

Section 194p is applicable from 1st april 2021. If you are 65 or older or blind, you can claim an additional standard deduction.

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