2024 Standard Deduction Married Spouse

2024

2024 Standard Deduction Married Spouse. Investors age 50 or older can save an extra $1,000, or. In the case of a married couple filing a joint return for 2023, up to $6,500 ($7,500 for each spouse age 50 or older by the end of 2023) can be contributed to iras on behalf of.


2024 Standard Deduction Married Spouse

For the 2023 tax year, which is filed in early 2024, the federal standard deduction for single filers and married folks filing separately was $14,600. In the case of a married couple filing a joint return for 2023, up to $6,500 ($7,500 for each spouse age 50 or older by the end of 2023) can be contributed to iras on behalf of.

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