Standard Deduction For 2024 Single
Standard Deduction For 2024 Single. People who are age 65 and over have a higher standard deduction than. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household.
Your standard deduction consists of the sum of the basic standard. Here’s a look at the projected numbers for the tax year 2024, beginning jan.