2024 Standard Deduction Married Filing Jointly Calculator. In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly increased from 2023 ($13,850 and $27,700). Seniors over age 65 may claim an additional standard deduction.


2024 Standard Deduction Married Filing Jointly Calculator

We then provide the formula for calculating each deduction where relevant so you can understand how to calculate salary after tax yourself including medicare and social.  โ€” if you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household.

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