2024 Standard Deduction

2024 Standard Deduction. Here is a look at the deductions offered under the new tax regime as of 2024. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to.


2024 Standard Deduction

Also, standard deduction limit for. 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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