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 is $1,600 …

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. The …

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, which …

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 their …

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 fourth columns show the …

Jan 17, 2025 · It's $29,200 for MFJ PLUS $1,550 if you're 65 and older or blind.

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 worst …

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 1040 in year …

Apr 3, 2025 · Solved: My 94 year old mother is in a nursing home. total car for her there last year was $170,000 Where do i enter that on her tax return?

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 her as a US resident …