Standard Deduction 2024 Mfj Over 65

Standard Deduction 2024 Mfj Over 65

Standard Deduction 2024 Mfj Over 65. The extra deduction per qualifying spouse will increase from $1,550 in 2024 to $1,600 in 2025, a $50 increase per qualifying spouse. The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts.


Standard Deduction 2024 Mfj Over 65

The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household.

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