No. But if you are 65 or older you get a higher standard deduction.
The standard deduction makes some of your income “tax free.” It is not a refund. You will see your standard or itemized deduction amount on line 12 of your 2024 Form 1040.
2024 STANDARD DEDUCTION AMOUNTS
SINGLE $14,600 (65 or older/legally blind + $1950)
MARRIED FILING SEPARATELY $14,600 (65 or older/legally blind + $1550)
MARRIED FILING JOINTLY $29,200 (65 or older/legally blind + $1550)
HEAD OF HOUSEHOLD $21,900 (65 or older/legally blind + $1950)
And...if you print your return it will print out on Form 1040SR. Form 1040SR and Form 1040 are identical, but the 1040SR has bigger print. The calculations and lines on the forms are exactly the same.
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