2024 Standard Tax Deduction Amount Over 65. The tax year 2024 adjustments described below generally apply to income tax returns filed in 2025. That’s the 2024 regular standard deduction of $29,200 for married taxpayers filing joint returns, plus three additional standard deductions at $1,550 apiece.
The tax items for tax year 2024 of greatest interest to most. The standard deduction is a specific dollar amount that reduces the amount of income on which you’re taxed.
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