Taxes 2025 Standard Deduction Over 65

Taxes 2025 Standard Deduction Over 65. Seniors receive a higher deduction compared to younger taxpayers. Filing taxes as a senior over 65 comes with certain perks, like the extra standard deduction.

For the current tax year, the standard deduction for seniors 65 and older is higher than the general deduction. The standard deduction can lower a taxpayer’s taxable income by allowing them to deduct a specified amount defined by the irs on their tax.