Standard Tax Deduction 2024

Standard Tax Deduction 2024. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household. What is the standard deduction for 2024?


Standard Tax Deduction 2024

A deduction reduces the amount of a taxpayer’s income that’s subject to tax, generally reducing the amount of tax the individual may have to pay. 4, 2024 โ€” tax credits and deductions change the amount of a personโ€™s tax bill or refund.

Standard Tax Deduction 2024 Images References :