Standard Deduction 2024 Over 65 Married

Standard Deduction 2024 Over 65 Married. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750. Learn how it affects your taxable income and any limits on claiming it.


Standard Deduction 2024 Over 65 Married

If you are married and filing jointly or separately, and either you or your spouse is 65 or older or blind, you can each claim an extra standard deduction of $1,550 for the 2024 tax. People 65 or older may be eligible for a higher amount.

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