2024

Irs Standard Deduction 2024 Married Over 65

Irs Standard Deduction 2024 Married Over 65. People who are age 65 and over have a higher standard deduction than. Before delving into the extra standard deduction for older adults aged 65 and older, reviewing the regular standard deduction and how it works for 2023 is helpful.


Irs Standard Deduction 2024 Married Over 65

The standard deduction for married couples filing jointly for tax year 2024 will rise to $29,200, an increase of $1,500 from tax year 2023. If you are 65 or older and blind, the extra standard deduction is $3,900 for 2024 if you are single or filing as head of household.

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