Standard Deduction Amounts For 2024

Standard Deduction Amounts For 2024. The standard deduction for a single person will go up from $13,850. Ready or not, the 2024.


Standard Deduction Amounts For 2024

Seniors over age 65 can claim an additional standard deduction of $1,950 for single. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).

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