Standard Deduction For 2024 Tax Year. Tax rates report, giving you an early look at what brackets and other key tax figures will look like in 2024. But, to make your decision, you must know the standard deduction amount.
Just fyi:most taxpayers take the standard deduction. For 2024 (tax returns typically filed in april 2025), the standard deduction amounts are $14,600 for single and for those who are married, filing separately;
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