Irs Standard Deduction Tax Year 2024 Over 65 . For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for. The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse).
The agency has boosted the income thresholds for each. Most people take the standard deduction,.
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