Standard Deduction 2024 Married Filing Single. For example, a single taxpayer earning us$40,000 a year and who had no children in the 2024 tax year would qualify for a standard deduction of $14,600. For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married couples.
The top tax rate will remain. Now, if you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household.
Standard Deduction 2024 Married Filing Single Images References :
