Standard Deduction For 2024 Single. 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. The standard deduction for a single person will go up from $13,850 in 2023 to $14,600 in 2024, an increase of 5.4%.


Standard Deduction For 2024 Single

Single or married filing separately—$14,600. The finance minister proposed to increase the standard deduction for.

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