Standard Deduction For 2024 For Seniors

Standard Deduction For 2024 For Seniors. The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed. The personal exemption for 2024 remains at $0 (eliminating the personal exemption.


Standard Deduction For 2024 For Seniors

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

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