Standard Deduction For 2024 Tax Year 2024

Standard Deduction For 2024 Tax Year 2024

Standard Deduction For 2024 Tax Year 2024. 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. Also, standard deduction limit for family.


Standard Deduction For 2024 Tax Year 2024

Seniors over age 65 may claim. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).

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