2024 Standard Deduction Married Jointly Over 65 . For 2024, that extra standard deduction is $1,950 if you are single or file as. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).
For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married. For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.
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2024 Standard Tax Deduction Married Jointly Donnie Odilia , 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.
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