2024 Standard Deduction Amount Over 65 . The amt exemption amount for tax year 2024 for single filers is $85,700 and begins to phase out at $609,350 (in 2023, the. The standard deduction for seniors over 65 filing jointly is $27,300.
The amt exemption amount for tax year 2024 for single filers is $85,700 and begins to phase out at $609,350 (in 2023, the. If you are 65 or older and blind, the extra standard deduction is:
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