Aarp 2024 Tax Calculator For Retirees. In addition, the standard deduction is $14,600 for single filers for the 2024 tax year, up from $13,850 for 2023. Standard deductionthe standard deduction reduces a taxpayer’s taxable income by a set amount determined by the government.it was.
The 2024 standard deductions and 2024 tax brackets have been added. Of special interest to retirees are generally issues such as whether social security.