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Get your taxes done using TurboTax
The Standard Deduction is already figured in. You have 15+10= 25,000. Then minus the Standard Deduction $29,200 (2024) only leaves you 4,200 more room. If you or your spouse is 65 or older you get another 1,550 on the Standard Deduction.
‎December 22, 2024
12:19 PM