Standard Deduction For 2024 Taxes
Standard Deduction For 2024 Taxes . How much is the standard deduction for 2024? The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household.
Here are the standard deduction amounts for the 2023 tax returns that will be filed in 2024. For the 2023 tax year, which is filed in early 2024, the federal standard deduction for single filers and married folks filing separately was $14,600.
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