2024 Standard Deduction Married Both Over 65

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2024 Standard Deduction Married Both Over 65. If you are married filing jointly and you or your spouse is 65 or older, you may increase your standard deduction by $1,550. Standard deduction amounts for 2023 taxes (returns due april 2024) standard.


2024 Standard Deduction Married Both Over 65

You can also itemize individual tax deductions, for things like charitable donations, but they. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.

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