November 22, 2024

Lira Shelly

Explore ideas, tips guide and info KLira Shelly

Single Filer Standard Deduction 2024

Single Filer Standard Deduction 2024. For a single person the standard deduction will be $14,600 dollars for 2024. The standard deduction applies to the tax year, not the year in which you file.


Single Filer Standard Deduction 2024

Per the irs, the standard deduction amount for tax year 2023 (filed in 2024) is $13,850 for single filers, $27,700 for married couples and $20,800 for heads of household. The amt exemption amount for tax year 2024 for single filers is $85,700 and begins to phase out at $609,350 (in 2023, the exemption amount for single filers was $81,300.

Single Filer Standard Deduction 2024 Images References :