2024 Tax Brackets And Standard Deduction Over 65

2024 Tax Brackets And Standard Deduction Over 65. This higher deduction helps to offset some of the increased. Federal tax brackets range from.


2024 Tax Brackets And Standard Deduction Over 65

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. How much is the additional standard deduction?

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