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Standard Deduction For Married Joint 2024. The standard deduction rises to $29,200 for married couples filing a joint tax return, which is an increase of $1,500 from tax year 2023; Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.
The standard deduction is a fixed amount that. For the tax year 2024, married couples filing jointly (those who are legally married and choose to file their taxes together) are eligible for a standard deduction of $29,200.
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