Standard Deduction 2024 Irs 2024 . Federal income tax rates and brackets. Here are the standard deduction amounts for the 2023 tax returns that will be filed in 2024.
For 2024 (tax returns typically filed in april 2025), the standard deduction amounts are $14,600 for single and for those who are married, filing separately; The standard deduction amounts will increase to $14,600 for individuals and married couples.
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