Oregon Standard Deduction 2024 Over 65. You don’t pay federal income tax on every dollar of your income. Applies to tax years beginning on or after january 1, 2024.

For the 2023 tax year, oregon’s standard deduction allows taxpayers to reduce their taxable income by $2,605 for single filers, $5,210 for married people filing jointly, $4,195 for. Every time you receive your.