Standard Deduction For 2024-25 202425 For Seniors

Standard Deduction For 2024-25 202425 For Seniors. The 2024 standard deduction is increased to $29,200 for married individuals filing a joint return; Each joint filer 65 and over can increase the standard deduction by $1,550 apiece, for a total of $3,100 if.


Standard Deduction For 2024-25 202425 For Seniors

For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for. If you are 65 or older or blind, you can claim an additional standard deduction.

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