What Is The Standard Deduction For 2024 Over 65. The top marginal tax rate in tax year 2024, will. Seniors over age 65 have access to an additional $1,850 standard deduction on top of their base rate, which helps reduce taxable income and gives them.
The top marginal tax rate in tax year 2024, will. It’s called the extra standard deduction, exclusively for people who are 65 years and.