what is the standard deduction for seniors over 65 in 2023

what is the standard deduction for seniors over 65 in 2023

1 year ago 115
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For taxpayers who are 65 or older, the additional standard deduction for 2023 is $1,850 if filing Single or Head of Household. If Married Filing Jointly and either spouse is 65 or older, the extra standard deduction amount is $1,500. If both spouses are 65 or older, the additional standard deduction is $3,000.

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