What Is 2024 Standard Deduction Amount

What Is 2024 Standard Deduction Amount. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; The additional standard deduction amount is.


What Is 2024 Standard Deduction Amount

If you’re 65 or older or blind, you can qualify. For taxable years beginning in 2024, the additional standard deduction amount under ยง 63(f) for the aged or the blind is $1,550.

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