Standard Deduction 2024 Head Of Household Irs . Here’s how that works for a single person earning $58,000 per year: The standard deduction rose in 2024.
They are $14,600 for single filers and married couples filing separately, $21,900 for heads of. You deduct an amount from your income before you calculate taxes.
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Standard Deduction Joint 2024 Daron Emelita , The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year.
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