2024 Standard Deduction For Seniors Over 65 Married Jointly
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2024 Standard Deduction For Seniors Over 65 Married Jointly. The standard deduction will rise to $14,600 for single taxpayers, a $750 increase, the agency announced thursday. The standard deduction is the fixed amount the.
For 2023 the irs standard deduction for seniors is $13,850 for those filing single or married filing separately, $27,700 for qualifying widows or married filing jointly,. If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550.
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