Standard Deduction For 2024 Tax Return. This publication discusses some tax rules that affect every person who may have to file a federal income tax return. If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household.
The top marginal tax rate in tax year 2024, will. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.
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