2024 Standard Deduction Married Joint . For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows. People who are 65 or older can take an additional standard deduction of $1,950 for single and head of household filers and $1,550 for married filing jointly, married filing.
The additional standard deduction amount is increased to $1,950 if the individual is also. If you and your spouse decide to file a joint return, your tax may be lower than your combined tax for the other filing statuses.
2024 Standard Deduction Married Joint Images References :
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Tax Rises 2024 Edy Marlie , The standard deduction rises to $29,200 for married couples filing a joint tax return, which is an increase of $1,500 from tax year 2023;
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Standard Tax Deduction 2024 Married Jointly 2024 Johna Leonora , Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.
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