Income Tax Standard Deduction 2024 Single. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household. Learn how it affects your taxable income and any limits on claiming it.
The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year. The standard deduction for 2024 is $14,600 for single filers and those married filing separately, $29,200 for joint filers and surviving spouses, and $21,900 for heads of household.
Income Tax Standard Deduction 2024 Single Images References :