Web2024 Additional age 65 or older or blind. A person is considered to reach age 65 on the day before his or her 65th birthday. If the taxpayer or spouse is legally blind and/or born before January 2, 1958, the following additions are added to the standard deduction for each occurrence: Married Filing Joint, Surviving Spouse, or Married Filing ... Web2 days ago · For 2024, the deduction is worth: $27,700 if your tax-filing status is married filing jointly or surviving spouse (up $1,800 from $25,900 in 2024) $20,800 if your tax …

What Is the Standard Deduction? [2024 + 2024]

WebDec 14, 2024 · State and local tax deduction: Filers can deduct taxes paid in 2024 up to $10,000 or $5,000 if married filing separately for state and local taxes. Property tax deduction: One popular state and local tax deduction is that for a filer’s property tax. This deduction applies to taxes on real estate property, like a home, and personal property ... WebOct 28, 2024 · Taxpayers who claimed the additional standard deduction for the blind on their Form 1040 or Form 1040-SR tax return within the last two tax years should have received IRS Letter 9000 EN-SP, Alternative Media Preference Election, between September 15 and October 1, 2024.. This letter states that beginning January 31, 2024, … cold weather orientation course

Standard Deduction for 2024 vs. 2024 Kiplinger

WebStandard deduction for 2024 (taxes you file in 2024) Standard deduction for 2024 (taxes you ... WebLEVYING AUTHORITY 2024 2024 % Change TYPE OF DEDUCTION 2024 2024 Ditch Assessments 60.00 60.00 0% Homestead Standard 45,000.00 45,000.00 ... • … WebFor 2024, the standard deduction is $12,950 if you’re single and $25,900 if you’re married filing jointly. If you were 65 or older last year, or blind , your standard deduction is $14,700. cold weather outdoor carpet adhesive