2024 Standard Deduction For Seniors 2024

2024 Standard Deduction For Seniors 2024. Depending on your tax rate and filing status, you’ll owe different amounts on different parts of your income depending on your taxable income. The difference between standard and itemized deductions, and what they mean.


2024 Standard Deduction For Seniors 2024

The 2024 standard deduction was raised to $14,600. The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household.

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