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For 2023, the standard deduction amount has been increased for all filers. The amounts are: Single or Married filing separately—$13,850. Married filing jointly or Qualifying surviving spouse—$27,700. Head of household—$20,800. Alternative minimum tax exemption increased.
What is the extra standard deduction for seniors over 65 in 2024? Taxpayers who are age 65 or older can claim an additional standard deduction, which is added to the regular standard...
If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household. It's $3,100 per qualifying individual if you are married,...
Standard Deductiongives the rules and dol-lar amounts for the standard deduction—a ben-efit for taxpayers who don't itemize their deduc-tions. This section also discusses the standard deduction for taxpayers who are blind or age 65 or older, as well as special rules that limit the standard deduction available to dependents. In
Taxpayers who blind and/or are age 65 or older can claim an additional standard deduction, an amount that’s added to the regular standard deduction for their filing status. Filing Status
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 are)...
For single taxpayers and married individuals filing separately, the standard deduction rises to $13,850 for 2023, up $900, and for heads of households, the standard deduction will be $20,800 for tax year 2023, up $1,400 from the amount for tax year 2022.