2024 Standard Tax Deduction Chart For Seniors. If you or your spouse were age 65 or older or blind at the end of the year, be sure to claim an additional standard deduction by checking the appropriate boxes for age or blindness. โ this web page provides the latest irs inflation adjustments for federal income tax rates, allowances, and thresholds for the 2024 tax year.
โ the standard deduction for seniors is rs.50,000, as per the most current revisions to the income tax act. Find out if you need to file a return and what.