Taxpayers who are legally blind get more in standard deduction than those 65 and older. There is a larger standard deduction if the taxpayer and/or spouse is age 65 or older, or blind.
There is a larger standard deduction if the taxpayer and/or spouse is age 65 or older, or blind. They also both get an additional standard deduction amount of $1,500 per person for being over 65.
If You Are 65 Or Older And Blind, The Extra Standard Deduction Is $3,900 For 2024 If You Are Single Or Filing As Head Of Household.
The 2024 standard deduction amounts are as follows:
Tax Experts Say Tax Sops Such As Standard Deduction, Deduction Limits Under Section 80C, Need To Be Relooked In Light Of Inflation The Finance Ministry Introduced A.
For the 2024 tax season, the standard deduction for blind and elderly is as follows.
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There Is A Larger Standard Deduction If The Taxpayer And/Or Spouse Is Age 65 Or Older, Or Blind.
$3,000 per qualifying individual if you are.
Taxpayers 65 And Older And Those Who Are Blind Can Claim An Additional Standard Deduction.