2024 Standard Deduction Married Filing Jointly For Seniors

2024 Standard Deduction Married Filing Jointly For Seniors. The internal revenue service (irs) has announced a new standard deduction for married couples filing jointly for the tax years 2024 & 2025. 2023 tax rates for other filers.

For 2024, that extra standard deduction is $1,950 if you are single or file as head of household. 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.