Standard Deduction 2024 Age 65 Married

Standard Deduction 2024 Age 65 Married

Standard Deduction 2024 Age 65 Married. If you were born before jan. If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550.


Standard Deduction 2024 Age 65 Married

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 $30,700 if both are). For 2024, the baseline amount for those claimed as a dependent, increases to.

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