2024 Standard Deduction Over 65 Chart. The estimated value per share was accepted by our board on december 17, 2024, with an effective date of december 15, 2024, and reflects the fact that the estimate was. In this article, we'll look into what the standard deduction entails for individuals over 65 in 2024 and 2025, how it differs from standard deductions for younger taxpayers, and.

A person is considered to reach age 65 on the day before his or her 65th birthday. Additionally, they must file using the appropriate.