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As we age, our tax scenario adjustments. One method it transforms is that the 2022 standard deduction over 65 increases. The conventional deduction is a set amount that you can subtract from your income if you do not itemize your deductions. For 2020, the standard deduction for seniors over 65 is $13,600 for couples filing jointly and also $6,700 for songs and those that are wed however submitting independently.
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