2024 Standard Deduction Single Blind

2024 Standard Deduction Single Blind. For 2024, the additional standard deduction amount for the aged or the blind is $1,550. The additional standard deduction for 2024 is $1,950 (up $100 from 2023) per single person (or head of household) or $1,550 (up $50 from 2023) per qualifying.


2024 Standard Deduction Single Blind

For example, a single taxpayer who is age 65 and blind would be entitled to a basic standard deduction and an additional standard deduction equal to the sum of the additional amounts for both age and blindness. A deduction reduces the amount of a taxpayer’s income that’s subject to tax, generally reducing the amount of tax the individual may have to pay.

2024 Standard Deduction Single Blind Images References :