Standard Deduction For 2024 Single
Standard Deduction For 2024 Single . For the 2023 tax year, which is filed in early 2024, the federal standard deduction for single filers and married folks filing separately was $14,600. Read on to learn what a higher standard.
The standard deduction for a single person will go up from $13,850 in 2023 to $14,600 in 2024, an increase of 5.4%. The standard deduction for 2024 varies depending on filing status.
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