Standard Deduction 2024 For Seniors. 2024 standard deduction for seniors uk. Your standard deduction consists of the sum of the basic standard.

You will pay 10 percent on taxable income up to $11,600, 12 percent on the amount over $11,600 to $47,150, and 22 percent above that (up to $100,525). Taxpayers 65 and older and those who are blind can claim an additional standard deduction.