New Tax Brackets For 2025 Over 65
New Tax Brackets For 2025 Over 65. Seniors over age 65 may claim an additional standard deduction of 2,000 for single filers and $1,600 for joint filers. The extra standard deduction for people 65 or older;
Understand the exemption limits, tax slabs, surcharges, and eligibility for. Financial advisors sitting down with clients early in the new year may be wiser to focus on 2025 changes that have been implemented.