Tax Year 2024 Standard Deduction For Seniors

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Tax Year 2024 Standard Deduction For Seniors. 65 or older and blind. Trump’s 2017 tax law helped clean up the tax code, narrowing deductions for state and local taxes, as well as mortgage interest, while vastly.


Tax Year 2024 Standard Deduction For Seniors

The amt exemption amount for tax year 2024 for single filers is $85,700 and begins to phase out at $609,350 (in 2023, the exemption amount for. A super senior citizen is an individual resident who is 80 years or above, at any time during the previous year.

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