Standard Deduction 2024 For Seniors

Standard Deduction 2024 For Seniors. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an. For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:


Standard Deduction 2024 For Seniors

The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for.

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