Standard Deduction For 2024 Tax Year. Here's a look at the projected numbers for the tax year 2024, beginning jan. The irs announced several inflation adjustments for the 2024 tax year.


Standard Deduction For 2024 Tax Year

We examine the 2024 tax brackets, standard deduction, and much more. The standard deduction for a single person will go up from $13,850 in 2023 to $14,600 in 2024, an increase of 5.4%.

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