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2024 Standard Deduction For Married Couples Over 65 Married
2024 Standard Deduction For Married Couples Over 65 Married. The standard deduction will rise to $14,600 for single taxpayers, a $750 increase, the agency announced thursday. You can take the higher standard deduction if your spouse is age 65 or older or blind and:
The standard deduction rose in 2024. For married couples, each spouse can exclude up to the limit for a total, for the 2023 tax year, of up to $200,000 and for 2024, up to $210,000.
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