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Does the new standard deduction of $24,000.00for married couples filing jointly apply for filing2017 income tax?
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No. That will be in effect for your 2018 tax return when you prepare it next year in 2019.
2017 Standard Deductions
Single $6350 (65 or older + $1550)
Married Filing Separately $6350 (65 or older + $1250)
Married Filing Jointly $12,700 (65 or older + $1250@)
Head of Household $9350 (65 or older + $1550)
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