Standard Deduction For 2024 For Seniors Uk

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Standard Deduction For 2024 For Seniors Uk. If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550. The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household.


Standard Deduction For 2024 For Seniors Uk

The 2023 standard deduction for tax returns filed in 2024 is 13,850 for single filers, $27,700 for joint filers, and $20,800 for the head of household. If you are 65 or older or blind, you can claim an additional standard deduction.

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