2024 Standard Deductions And Tax Brackets Irs. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; 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.
Applies to income up to around $23,850 for married couples filing jointly. The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns.
2024 Standard Deductions And Tax Brackets Irs Images References :