2024 Standard Deduction Over 65 Married Jointly. Married filing jointly *** under 65 (both spouses) $27,700: Married filing jointly or separately;
65 or older and blind: Married filing jointly *** under 65 (both spouses) $27,700:
The Annual Standard Deduction Is A Static Amount Determined By Congress.
Single or married filing separately:
If You Are 65 Or Older And Blind, The Extra Standard Deduction Is:
The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).
Married Couples Filing Jointly Will See A Deduction Of $29,200, A Boost Of $1,500 From 2023, While Heads Of Household Will See A Jump To $21,900 For Heads Of Household, An.
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Married Filing Jointly *** Under 65 (Both Spouses) $27,700:
The alternative minimum tax exemption amount for tax year 2024 is $85,700, with a phaseout beginning at $609,350.
Single, Age 65 And Over:
Each joint filer 65 and over can increase the standard deduction by $1,550 apiece, ๏ปฟfor a total of $3,100 if both joint filers.