Standard Deduction For 2024 Tax Season. The standard deduction is adjusted for inflation every year, and for single taxpayers (and married individuals filing separately), the standard deduction increased. For single taxpayers and married individuals filing separately, the standard deduction.
People 65 or older may be eligible for a. 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.
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