2024 Standard Deduction For Seniors Over 70 . If you’re 65 or older and also blind, add $3,700 to $13,850 standard. Once the specified bank, as mentioned above, deducts tax for senior citizens above 75 years of age, there will be no requirement to furnish income tax returns by senior citizens.
Section 194p is applicable from 1st april 2021. If you are 65 or older or blind, you can claim an additional standard deduction.
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