Standard Deduction 2024 Over 65 Mfj . Section 63(c)(2) provides the standard deduction for use in filing individual income tax returns. People who are age 65 and over have a higher standard deduction than the basic standard deduction.
People who are age 65 and over have a higher standard deduction than the basic standard deduction. Depending on your tax rate and filing status, youโll owe.
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