Standard Deduction For 2024 Tax Return

Standard Deduction For 2024 Tax Return. This publication discusses some tax rules that affect every person who may have to file a federal income tax return. If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household.


Standard Deduction For 2024 Tax Return

The top marginal tax rate in tax year 2024, will. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.

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