Standard Deduction For 2024 For Seniors Over 65

Standard Deduction For 2024 For Seniors Over 65. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to. If you’re married and filing jointly or separately, add $1,500 per qualifying.


Standard Deduction For 2024 For Seniors Over 65

$3,700 if you are single or filing as head of household. This higher deduction helps to offset some of.

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