2024 Tax Standard Deductions For Seniors Over 65 . If you’re age 65 and older, or considered legally blind, you can add an additional amount to the. The personal exemption for 2024 remains at $0.
It’s called the extra standard deduction, exclusively for people who are 65 years and. Most retirement income is subject to state income tax in north carolina, but residents with a taxable income of $47,150 or less are exempt.
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Maximizing Your Retirement The Extra Standard Deduction for Seniors , Here's a look at the projected numbers for the tax year 2024, beginning jan.