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Are there any tax breaks for senior citizens who turned 65 in 2024, csuch as the Senior Circuit breaker tax credit?
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The Standard Deduction on your federal tax return when you are age 65 or older.
Standard deductions for 2024
Single - $14,600 add $1,850 if age 65 or older
Married Filing Separately - $14,600 add $1,550 if age 65 or older
Married Filing Jointly - $29,200 add $1,550 for each spouse age 65 or older
Head of Household - $21,900 add $1,950 if age 65 or older
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