FAST TAX GUIDE- TY23
TY23 Tax return will be start at Jan 31, 2024. we have to prepare for new tax laws for tax filing. Here is your TY-23 Fast Reference Guide for save your time.
Filing Requirements
| Under age 65 | age 65 and over |
|---|---|
| Single $13,850 | Single $15,700 |
| HOH $20,800 | HOH $22,650 |
| MFJ both spouses $27,700 | MFJ one spouses $29,200 |
| MFJ both spouses $30,700 | |
| MFS any age $5 | |
| QSS $ 27,700 | QSS $29,200 |
Standard Deduction
MFJ and QSS $27,700 | Single $ 13,850 | HOH $20,800 | MFS $13,850
Additional Standard Deduction for Age 65 and Over and/or Blind(Each)
MFJ, QSS, MFS $1,500 | Single, HOH $1,850
