What Is The Standard Deduction For 2024 . For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).
The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns. Single or married filing separately—$14,600.
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