Tax Information - Retirees 2025

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Taxpayers who are 65 and Older or are Blind For 2024, the additional standard deduction amounts for taxpayers who are 65 and older or blind are: $1,950 for Single or Head of Household (increase of $100) $1,550 for married taxpayers or Qualifying Surviving Spouse (increase of $50)
While California exempts Social Security retirement benefits from taxation, all other forms of retirement income are subject to the states income tax rates, which range from 1% to 13.3%.
For single filers and heads of households age 65 and over, the additional standard deduction increases slightly from $1,950 in 2024 (returns youll file soon in early 2025) to $2,000 in 2025 (returns youll file in early 2026).
Extra tax deductions for seniors If you dont itemize your deductions, you can get an extra standard deduction if you and/or your spouse are 65 years old or older. These are $1,950 for single filers and $1,550 for married individuals filing jointly.
In reality, Social Security is taxed at any age if your income exceeds a certain level. Essentially, if your taxable income is greater than the Standard Deduction for your filing status, youll typically have to file a tax return.

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Key Takeaways If you are at least 65, unmarried, and receive $16,550 or more in nonexempt income in addition to your Social Security benefits, you typically need to file a federal income tax return (tax year 2024).
For tax year 2024, single seniors who are aged 65 or older must file a tax return if their gross income was at least $16,550. If you are married filing jointly and your spouse is also 65 or older, the threshold is $32,300.
At what age is Social Security no longer taxable? Social Security income can be taxable no matter how old you are. It all depends on whether your total combined income exceeds a certain level set for your filing status. You may have heard that Social Security income is not taxed after age 70; this is false.

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