2024 Standard Deduction Mfj Over 65

2024 Standard Deduction Mfj Over 65. The additional standard deduction for people who are 65 or older is $1,950 for single filers or heads of household, and $1,550 for married couples filing jointly. The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or $30,700 if both are).


2024 Standard Deduction Mfj Over 65

The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or. Section 63(c)(2) provides the standard deduction for use in filing individual income tax returns.

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