Standard Tax Deduction 2024 Single

Standard Tax Deduction 2024 Single. The irs updates the standard deduction amount. Here's a look at the projected numbers for the tax year 2024, beginning jan.


Standard Tax Deduction 2024 Single

The standard deduction is a specific dollar amount that reduces the amount of income on which you’re taxed. The standard deduction is typically revised annually for inflation, and is different for each filing status.

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