2024 Standard Deduction

Benita Enrichetta2024 2024 Standard Deduction
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2024 Standard Deduction. How much is the standard deduction for 2024? For married couples filing jointly for tax year 2024, the deduction increased to $29,200, up $1,500 from tax year 2023, the irs said.


2024 Standard Deduction

You deduct an amount from your income before you calculate taxes. The standard deduction for single taxpayers and married individuals filing separately will be $14,600, up $750 over 2023.

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