Standard Deduction 2024 Married Jointly 65 Years

Standard Deduction 2024 Married Jointly 65 Years. The amount, set by the irs, could vary by tax year and filing. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.


Standard Deduction 2024 Married Jointly 65 Years

If you are 65 or older or blind, you can claim an additional standard deduction. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household.

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