2024 Standard Deduction Single

2024 Standard Deduction Single. See the standard deduction amounts for 2024. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.


2024 Standard Deduction Single

In this article, we’ll take a deep dive into the standard deduction, its potential increase for the tax year starting in 2024, and what this could mean for you. Learn how the extra standard deduction can help older adults reduce their taxable income and save money in retirement.

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