August 10, 2024

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2024 Fed Tax Standard Deduction For Seniors

2024 Fed Tax Standard Deduction For Seniors. People who are age 65 and over have a higher standard deduction than. You pay tax as a percentage of your income in layers called tax brackets.


2024 Fed Tax Standard Deduction For Seniors

The additional standard deduction amount will increase to $1,950 if the individual is. If you are 65 or older or blind, you can claim an additional standard deduction.

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