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February 6, 2020
Question

Deductions

  • February 6, 2020
  • 1 reply
  • 0 views

Is there an additional deduction for persons over 65? Or is $25,700 the maximum deduction for married filing jointly no matter the age?

    1 reply

    DoninGA
    Employee
    February 6, 2020

    The additional amount added to the Standard Deduction is the only benefit for being age 65 or older.