2024 Standard Deduction For Seniors

2024 Standard Deduction For Seniors. The basic standard deduction in 2024 and 2025 are: The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year.


2024 Standard Deduction For Seniors

What is the extra standard deduction for seniors over 65 in 2024? The standard deduction is a specific dollar amount that reduces the amount of income on which you’re taxed.

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