Solved: 2025 additional standard deduction for age 65+ and the …
Jul 28, 2025 · There is an additional standard deduction for taxpayers age 65 and over, which was $1,550 each for married filing joint (MFJ) on the 2024 federal Form 1040, which I believe …
MFJ closing down manufacturing facilities effective May 17th 2024
Apr 25, 2024 · Yesterday, MFJ Enterprises announced that they would be closing down their manufacturing facilities in Starkville, Mississippi effective May 17th, but would continue selling …
2025 standard Tax deductons for married couples over age 65
Aug 27, 2025 · A MFJ couple will get a separate $12,000 Plus there is a new Senior Deduction of $6,000 for each spouse 65. The Senior deduction will show on a separate line on form 1040. …
What is the new Standard deduction for 2025 for married filing …
Jul 15, 2025 · The "extra" amount added for 65 or older increases slightly for 2025, and there is a "bonus" added deduction of up to $12,000 for those 65 or older who file MFJ for 2025 to 2028, …
How can I compare Married Filing Jointly with Married Filing
Dec 19, 2025 · Select the MFJ vs. MFS box. Scroll down to Balance Due (Refund) located under Line 72. The second column shows the federal outcome for a joint return, and the third and …
- Reviews: 324K
Switching the Filling Status (form 1040) from MFJ to MFS whenever
Mar 11, 2025 · Dear Team, I am married, live together with my husband until now, we have filled return 1040 with form MFJ for years ago. Can I switch the form MFJ to the MFS in filling return …
charity: if i donate to charity in 2025, how can i get benefit without ...
Aug 6, 2025 · Yes, you are correct that the key changes for non-itemizers, including the new "above-the-line" charitable deduction, do not take effect until the 2026 tax year. The above-the …
Amend tax return to change filing status from MFJ to MFS
Mar 5, 2025 · You cannot switch from MFJ to MFS after April 15, 2025. So this is your last day to amend--no extensions for amending. Are you certain MFS would be better? MFS is usually the …
How do I report my nonresident spouse's income on a MFJ tax …
Feb 16, 2025 · Hello, I'm a US citizen filing a Married Filing Jointly (MFJ) tax return with my nonresident spouse. I understand that I need to submit by mail a statement electing to treat …
I read that for a couple who are over 65, the standard deduction is ...
Feb 2, 2024 · 2023 standard deduction MFJ is $27,700 if one taxpayer is over 65 add $1500 if both add $3000 if one is blind add $1500 if both are blind add $3000 the amount would be …