What Are The Standard Deductions For 2024 For Seniors

What Are The Standard Deductions For 2024 For Seniors. For married couples filing jointly, the exemption. The 2023 standard deduction for tax returns filed in 2024 is 13,850 for single filers, $27,700 for joint filers,.


What Are The Standard Deductions For 2024 For Seniors

Seniors struggling to make ends meet may save some money when they do their 2023 taxes by claiming the extra tax deduction. The alternative minimum tax exemption amount for tax year 2024 is $85,700, with a phaseout beginning at $609,350.

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