Standard Deduction 2024 Over 65 Married

Standard Deduction 2024 Over 65 Married.  — for 2023 the irs standard deduction for seniors is $13,850 for those filing single or married filing separately, $27,700 for qualifying widows or married filing jointly,. The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse).

 — in this article, we’ll look into what the standard deduction entails for individuals over 65 in 2023 and 2024, how it differs from standard deductions for. The standard deduction is a specific dollar amount that reduces the amount of income on which you’re taxed.