Standard Tax Deduction 2024 Married Jointly

Standard Tax Deduction 2024 Married Jointly. 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 standard deduction for married couples filing jointly for tax year 2024 will rise to $29,200, an increase of $1,500 from tax year 2023.


Standard Tax Deduction 2024 Married Jointly

Find out how much tax you pay as a percentage of your income in different tax brackets for 2023. And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the amount for tax.

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