2024 Standard Deductions And Tax Brackets Married Jointly Over 65

2024 Standard Deductions And Tax Brackets Married Jointly Over 65. The 2024 standard deduction amounts are as follows: In total, a married couple 65 or older would have a standard.

For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023. 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.