2024 2024 Standard Deduction . The standard deduction for 2024 is: Learn how inflation affects your taxes for 2024, including standard deduction, marginal rates, capital gains, eitc, and more.
The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. The standard deduction amounts for 2024 are $14,600 for single filers, $29,200 for joint filers, and $21,900 for heads of household.
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