Standard Deduction 2024 Irs 2024


Standard Deduction 2024 Irs 2024. Here are the standard deduction amounts set by the irs: The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.


Standard Deduction 2024 Irs 2024

Learn how it affects your taxable income and any limits on claiming it. The standard deduction is a specific dollar amount that reduces the amount of income on which you’re taxed.

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