2024 Standard Deduction For Seniorservice. In general, the standard deduction is adjusted each year for inflation and varies according to your filing status, whether you're 65 or older and/or blind, and whether another taxpayer can claim. The standard tax deduction is a set amount that taxpayers are automatically allowed to deduct from their taxable income, thus lowering their total tax owed.
The 2024 standard deduction for qualifying surviving spouse is $29,200. What are the standard deduction amounts for seniors for the current tax year?