Standard Tax Deduction 2024 For Seniors Over 65. If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550. How much is the additional standard deduction?
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. Depending on your tax rate and filing status, you’ll.