2024 Standard Deduction For Married Couples Over 60

2024 Standard Deduction For Married Couples Over 60. You pay tax as a percentage of your income in layers called tax brackets. For single taxpayers and married.

You can also itemize individual tax deductions, for things like charitable donations, but they need to add up to more than. The standard deduction for married couples filing jointly for tax year 2024 increases to $29,200, up $1,500 from the prior year.