2024 Standard Deduction Married Filing Jointly For Seniors

2024 Standard Deduction Married Filing Jointly For Seniors. But if you make more than $2,400 per year (or $4,800 per year as a married couple filing jointly) in interest and dividends, you’ll be levied a 3% state tax on that income in 2024. The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year.


2024 Standard Deduction Married Filing Jointly For Seniors

If you are 65 or older or blind, you can claim an additional standard deduction. The maximum amount of income you can earn and still get the credit has changed.

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