TurboTax online edition on Windows
For 2023 tax year :
$13,850 for single filers and married filing separately
$27,700 for married filing jointly
$20,800 for heads of household
Will any of these federal standard deductions change if I live overseas ? Will I get the same federal standard deductions if I live outside the US ?
If you are a U.S.citizen, you are responsible for filing a U.S. tax return on your world-wide income. Your filing requirement will be based on the standard deduction in effect for the specific tax year. No, living overseas does not change your standard deduction.
2023 STANDARD DEDUCTION AMOUNTS
SINGLE $13,850 (65 or older/legally blind + $1850)
MARRIED FILING SEPARATELY $13,850 (65 or older/legally blind + $1500)
MARRIED FILING JOINTLY $27,700 (65+/legally blind) ) + $1500 per spouse
HEAD OF HOUSEHOLD $20,800 (65 or older/blind) + $1850)
2024 STANDARD DEDUCTION AMOUNTS
SINGLE $14,600 (65 or older/legally blind + $1850)
MARRIED FILING SEPARATELY $14,600 (65 or older/legally blind + $1500)
MARRIED FILING JOINTLY $29,200 (65 or older/legally blind + $1500)
HEAD OF HOUSEHOLD $21,900 (65 or older/legally blind + $1850)
Who has to file?
http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F