Standard Deduction 2024 Single

Standard Deduction 2024 Single

Standard Deduction 2024 Single. Per the irs, the standard deduction amount for tax year 2023 (filed in 2024) is $13,850 for single filers, $27,700 for married couples and $20,800 for heads of household. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).


Standard Deduction 2024 Single

The irs adjusts the standard deduction each year for inflation. It’s $3,100 per qualifying individual if you are.

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