Standard Deduction 2024 Over 65 Single

Standard Deduction 2024 Over 65 Single. If you don't itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. For 2023, the federal standard deduction for single filers was $13,850, for married filing jointly it was $27,700 and for the head of household filers, it increased to.


Standard Deduction 2024 Over 65 Single

Near the end of each year, the irs issues a. Standard deduction and personal exemption.

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