Irs 2024 Tax Brackets And Standard Deduction . Here's what taxpayers need to know. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
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. See current federal tax brackets and rates based on your income and filing status.
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