Irs Standard Deduction 2025 Over 65
Irs Standard Deduction 2025 Over 65. For married couples filing together, the standard deduction is rising by $1,500 to $29,200. To qualify for the additional standard deduction, a taxpayer must be over the age of 65 by the end of the tax year.
When you turn 65, you become eligible for an additional standard deduction on top of the regular standard deduction. Understanding tax laws can be challenging.