Standard Tax Deduction 2024 Single Senior. Find out how the irs adjusts tax brackets for inflation and how it affects your tax bill. It's called the extra standard deduction, exclusively for people who are 65 years and older by the.

It’s called the extra standard deduction, exclusively for people who are 65 years and older by the. Learn about the seven federal income tax rates, the standard deduction, and how to reduce your 2024 tax withholding.