Tax Year 2024 Standard Deduction For Seniors

Sioux Eachelle2024 Tax Year 2024 Standard Deduction For Seniors
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Tax Year 2024 Standard Deduction For Seniors. The personal exemption for 2024 remains at $0. 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.


Tax Year 2024 Standard Deduction For Seniors

The 2023 standard deduction for tax returns filed in 2024 is 13,850 for single filers, $27,700 for joint filers,. If youโ€™re a single taxpayer age 65 and older, you can add $1,850 to $13,850 standard deduction.

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