2024 Tax Calculator For Retirees Over 65. Input your salary, marital status, number of children, and other deductions to get your tax results. Learn how social security, medicare, taxes and more will affect your retirement income and expenses in 2024.

For 2024, assuming no changes, ellen’s standard deduction would be $16,550: The usual 2024 standard deduction of $14,600 available to single filers, plus one additional standard deduction.