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Standard Deduction
What is the standard deduction for a retired couple filing together (62 and 59 years old) ?..Thank you
While you are retired, the IRS requires a taxpayer to be at least 65 years old by the end of the tax year to receive the additional senior standard deduction. Because both of you are under 65, your return receives the standard Married Filing Jointly amount.
Base Standard Deduction (Married Filing Jointly): $32,200 for TY2026.
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