2024 Standard Deduction Married Both Over 65

2024 Standard Deduction Married Both Over 65. Seniors over age 65 may claim an additional standard deduction. That includes the 2024 regular standard.


2024 Standard Deduction Married Both Over 65

If you don’t itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. The 2024 tax year introduces significant adjustments to the standard deduction amounts, a critical component of tax planning and strategy.

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