Irs Standard Deduction 2024 Over 65 Single

Irs Standard Deduction 2024 Over 65 Single. And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the. Learn how it affects your taxable income and any limits on claiming it.


Irs Standard Deduction 2024 Over 65 Single

The additional standard deduction for people who are 65 or older is $1,950 for single filers or heads of household, and $1,550 for married couples filing jointly. The top marginal tax rate in tax year 2024, will remain.

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