2025 Standard Deduction For Seniors Over 65

2025 Standard Deduction For Seniors Over 65. Accountinginsights team published jan 28, 2025 However, if the total amount of itemized deductions is less than the standard deduction, it is more beneficial to claim the standard deduction.


2025 Standard Deduction For Seniors Over 65

The additional standard deduction amount increases to $2,000 for unmarried taxpayers. The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse).

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