2024 Standard Tax Deduction For Single

2024 Standard Tax Deduction For Single. The standard deduction amounts increase for the 2024 tax year — which you will file in 2025. Standard deductionthe standard deduction reduces a taxpayer’s taxable income by a set amount determined by.


2024 Standard Tax Deduction For Single

Today, nearly 90% of all filers use the standard deduction. The amount of the standard deduction is as follows:

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