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Investors & landlords
If you and your spouse are 65 or older, then your standard deduction for a joint return is $24,000 + $1300 for each spouse who is 65 or older--so $24,000 + $2600 = $26,600.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎June 4, 2019
8:46 PM