Standard Deduction For Over 65 In 2025. Taxpayers who blind and/or are age 65 or older can claim an additional standard deduction, an amount that’s added to the regular standard deduction for their filing status. Standard deduction for those over 65.
People 65 or older may be eligible for a higher amount. If you are both, you get double the additional deduction.
Let’s Start With The Standard Deduction Amounts.
Standard deductions for taxpayers over 65.
$3,700 If You Are Single Or Filing As Head Of Household $3,000 Per Qualifying Individual If You Are Married, Filing.
The standard deduction will be cut roughly in half, the personal exemption will return while the child tax credit (ctc) will be cut.
Standard Deduction For Over 65 In 2025 Images References :
It Also Eliminated The “Pease”.
The estate tax exemption will be reduced.
For 2024, That Extra Standard Deduction Is $1,950 If You Are Single Or File As Head Of Household.
If you are 65 or older or blind, you can claim an additional standard deduction.
