How Much Is The Standard Deduction For 2024. For tax year 2024, for example, the standard deduction for those filing as married filing jointly is $29,200. The standard tax deduction is a set amount that taxpayers are automatically.


How Much Is The Standard Deduction For 2024

The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). The standard deduction for tax year 2024 is $14,600 for singles, $29,200 for joint filers and.

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