2024 Tax Standard Deduction Amount Over 65

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2024 Tax Standard Deduction Amount Over 65

2024 Tax Standard Deduction Amount Over 65. If you make $70,000 a year living in maine you will be taxed $10,992. You can claim a standard deduction to reduce your taxable income as well as an additional deduction if you are age 65 or older and/or blind.


2024 Tax Standard Deduction Amount Over 65

Section 194p is applicable from 1st april 2021. For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:.

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