Senior Standard Deduction For 2024 Tax Year . The budget 2024 announced a rs.25,000 hike in the standard deduction. The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or $30,700 if both.
The budget 2024 announced a rs.25,000 hike in the standard deduction. And for heads of households, the.
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