2024 Standard Deduction For Married Couples Over 60

2024 Standard Deduction For Married Couples Over 60. Seniors over age 65 can claim an additional standard deduction of $1,950 for single filers and $1,550. For individuals who are earning over $418.4k, their tax rate will be 39.6%.


2024 Standard Deduction For Married Couples Over 60

That’s the 2024 regular standard deduction of $29,200 for married taxpayers filing joint returns, plus three additional standard deductions at $1,550 apiece. For couples who are earning over $470.7k, their tax rate will be 39.6%.

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