2024 Standard Tax Deduction For Seniors Over 70. Find out the amounts, eligibility criteria, and how it affects your. When you turn 65, the irs offers you a tax benefit in the form of an extra standard deduction for people age 65 and older.for example, a single 64.
See the amounts for 2023 and 2024, and compare them with itemized. Learn how to claim an additional standard deduction if you are 65 or older and don’t itemize deductions in tax year 2024.