How Much Is The Standard Deduction For 2024 For Seniors
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How Much Is The Standard Deduction For 2024 For Seniors. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. Taxpayers 65 and older and.
For 2024, that extra standard deduction is $1,950 if you are single or file as head of. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
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