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I am reading the irs increased the standard deduction for married joint file to $30,000. However I just used turbo tax to do my 2024 taxes and they only gave me $29,200
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You must have read the new amounts for now in 2025. For 2024 the standard deduction amounts are:
Single 14,600 + 1,950 for 65 and over or blind (16,550)
HOH 21,900 + 1,950 for 65 and over or blind (23,850)
Joint 29,200 + 1,550 for each 65 and over or blind (30,750/32,300)
Married filing Separate 14,600 + 1,550 for 65 and over or blind (16,150)
See IRS pub 501 chart on page 24
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