Standard Deduction 2024 For Seniors Over 65

Standard Deduction 2024 For Seniors Over 65. You're considered to be 65 on the day before your 65th birthday (for. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.


Standard Deduction 2024 For Seniors Over 65

The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750. The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts.

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