2024 Standard Deduction For Married Couples Over 65
2024 Standard Deduction For Married Couples Over 65. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; The standard deduction for your 2023 tax return—which is filed in 2024—is $13,850 for single or married filing separately taxpayers, $27,700 if you’re married filing.
2024 standard deduction 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.
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