2024 Standard Deduction Married Filing Joint . The irs released the 2024 standard deduction amounts for returns normally filed in april 2025. Single filers are taxed at the lowest marginal tax rate of.
The standard deduction for single filers and for married people who file separate returns rises to $14,600, up $750 from 2023; The deduction set by the irs for the 2024 tax year is as follows:
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