02-22-2024, 11:45 PM
Yes, I'm reading the Standard Deduction Chart on page 4 of form 1040-SR (US Tax Returns for Seniors).
In my excitement, I didn't notice the $29,200 is for Married filing jointly. (not Married filing separately)
It appears the standard deduction is $15,350 for one person filing as Married filing separately. I think it's only $14,850 for non-seniors filing as Married filing separately.
Still, a bit better.
T's not-so-free-as-before board
In my excitement, I didn't notice the $29,200 is for Married filing jointly. (not Married filing separately)
It appears the standard deduction is $15,350 for one person filing as Married filing separately. I think it's only $14,850 for non-seniors filing as Married filing separately.
Still, a bit better.
T's not-so-free-as-before board