Standard Deduction 2024 Single Filers. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household. Taxpayers who are legally blind can claim additional deductions to their standard deduction.
Individuals who are at least partially blind or. If you are at least 65 or blind, you can claim an additional 2023 standard deduction of $1,850 (also $1,850 if using the single or head of household filing status).
While The Actual Percentages Of The Tax Brackets.
Kelly phillips erb alternative minimum tax (amt) the amt exemption rate is also subject to inflation.
The Standard Deduction Rose For 2023, Running From $13,850 To $27,700.
For 2023, the federal standard deduction for single filers was $13,850, for married filing jointly it was $27,700 and for the head of household filers, it increased to $20,800.
Standard Deduction 2024 Single Filers Images References :
For Tax Years 2020 And 2021, Taxpayers Who Claimed The Standard Deduction Could Also Deduct Up To $300 Of Charitable Donations They.
The amt exemption amount for tax year 2024.
Explore The Recently Announced 2024 Irs Tax Brackets And Standard Deductions To Start Planning For Tax Year 2024.
Your standard deduction amount depends on your tax filing status.