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Business Insider on MSN.com · Dec 10, 2024

Standard Deduction 2024: Everything You Need to Know

"Some people ... In 2024, it increased again, jumping about 5.4% from 2023 levels. If you are over age 65 or blind, you're eligible for an additional standard deduction of $1,500 to $1,950 ...
Icon for www.nerdwallet.comNerdWallet · Oct 25, 2023

Standard Deduction for 2024 and 2025: Amounts, When to Take

The standard deduction is a popular way for taxpayers to reduce their taxable income. Your deduction amount depends on your age, filing status and other factors. Many, or all, of the products ...
Icon for www.businessinsider.comBusiness Insider · Nov 18, 2024

Tax Deductions 2025 (Tax Year 2024): What Can I Deduct and How Do Deductions Work?

Every taxpayer qualifies for at least one tax deduction — the standard deduction — but people who ... the amounts for 2024 (the taxes you file in 2025): If you're over age 65 or blind, you ...
Icon for www.businessinsider.comBusiness Insider · Dec 10, 2024

Standard Deduction 2024: Everything You Need to Know

In 2024, it increased again, jumping about 5.4% from 2023 levels. Additional standard deduction for seniors and blind individuals If you are over age 65 or blind, you're eligible for an additional ...