Tax Deductions For Seniors 2025. 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for. Here's what taxpayers need to know.


Tax Deductions For Seniors 2025

Knowing the tax brackets for 2025 can help you implement smart tax strategies, like adjusting your income tax. But, if the estate tax might be in your future, be sure to take advantage of the annual gift tax exclusion.

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