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Deductions & credits
You are not completing a 2025 tax return since tax year 2025 will not be completed until after 12/31/2025.
You are completing a 2024 tax return so the 2024 Standard Deductions are used -
Standard deductions for 2024
Single - $14,600 add $1,850 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
‎February 13, 2025
11:54 AM
1,678 Views