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After you file
The Standard Deduction is automatic unless you have entered itemized deductions which is greater than the Standard Deduction for your filing status.
If you are a dependent and your taxable income is less than the Standard Deduction for your filing status then that income is shown as your Standard Deduction.
The Standard or Itemized deduction is shown on your federal tax return, Form 1040 Line 12
Standard deductions for 2024
Single - $14,600 add $1,950 if age 65 or older
Married Filing Separately - $14,600 add $1,550 if age 65 or older
Married Filing Jointly - $29,200 add $1,550 for each spouse age 65 or older
Head of Household - $21,900 add $1,950 if age 65 or older
May 14, 2025
6:56 AM