2025 Irs Standard Deduction Over 65 Age

2025 Irs Standard Deduction Over 65 Age. Seniors over 65 get a higher standard deduction compared to younger taxpayers. This increase reflects the additional financial considerations that often come with being a.


2025 Irs Standard Deduction Over 65 Age

Married couples filing jointly : Each year, the irs adjusts standard deduction amounts for inflation (similar to its tax rate brackets , maximum 401k and maximum ira contribution levels, etc.).

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