Standard Deduction 2024 Chart

Standard Deduction 2024 Chart. Standard deduction the standard deduction reduces a taxpayer’s taxable income by a set amount determined by the government. It was nearly doubled for all classes of filers by the 2017 tax cuts and jobs act (tcja) as.


Standard Deduction 2024 Chart

See all standard deductions by year and legislative history. The standard deduction for 2024 (tax returns filed in 2025) is $14,600 for single filers and married people filing separately, $21,900 for heads of household, and $29,200 for.

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