Irs Standard Deduction 2024

Irs Standard Deduction 2024. Here's a look at the projected numbers for the tax year 2024, beginning jan. For individuals, the new maximum will be $14,600 for.

In tax year 2024, the standard deductions are as follows: For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household.