What Is The Standard Deduction For 2024 Irs

What Is The Standard Deduction For 2024 Irs. For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows. The additional standard deduction amount increases to $1,950 for unmarried taxpayers.


What Is The Standard Deduction For 2024 Irs

The standard deduction for taxpayers who don’t itemize their deductions on schedule a (form 1040) is higher for 2023 than it was for 2022. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;

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