What Is The Standard Deduction For 2024 Irs
What Is The Standard Deduction For 2024 Irs. How much is the standard deduction for 2024? The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.
4, 2024 — tax credits and deductions change the amount of a person’s tax bill or refund. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;