The additional standard deduction for age 65 is larger in the single filing status than the additional standard deduction per person for age 65 in married filing. This deduction also cannot be claimed if modified adjusted gross income exceeds the annual limits.
For married couples who file jointly, both spouses get an additional standard deduction for being at least 65 years old or blind. For 2024 (taxes filed in 2025), the standard deduction rises to $29,200 for.
The Standard Deduction For Those Filing As Married Filing Separately Is $12,950.
Single filers are taxed at the lowest marginal tax rate of.
Married Individuals Filing Jointly Get Double That Allowance, With A Standard Deduction Of $29,200 In 2024.
Here’s how that works for a single person earning $58,000 per year:
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In 2023, Married Filing Separately Taxpayers Get A Standard Deduction Of $13,850.
The standard deduction for single filers and for married people who file separate returns rises to $14,600, up $750 from 2023;
15, 2024, With An Extension.
This deduction also cannot be claimed if modified adjusted gross income exceeds the annual limits.