For single filers and heads of households age 65 and over, the additional standard deduction will increase slightly — from $1,950 in 2024 (returns you’ll file soon in early 2025) to $2,000 in ...

TODAY with Jenna & Friends are looking for eligible bachelors over the age of 65 who want a chance to win a date with an eligible bachelorette!

When former President Donald Trump overhauled the U.S. tax code in Dec. 2017, new income brackets and standard deduction amounts came into effect that changed how much Americans pay in taxes ...

The present amount of income that is tax exempt for seniors over 65 years old is $25,000 for single filers and $32,000 for married filers. With the new act, those figures would be doubled to $ ...