2025 Tax Brackets And Standard Deduction For Seniors

2025 Tax Brackets And Standard Deduction For Seniors. However, thanks to the tax cuts and jobs act, your deduction of state and local income, general sales, and property taxes is limited to a combined total deduction of $10,000. Single filers 65 and older can increase their standard deduction by $1,600 per person;


2025 Tax Brackets And Standard Deduction For Seniors

The standard deduction for salaried taxpayers in 2025 is โ‚น60,000, up from. Single or married filing separately:

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