What Is The Standard Deduction For 2024 Jointly With Example

What Is The Standard Deduction For 2024 Jointly With Example. The 2024 standard deduction is presented below for 4 of the most common filing statuses. For example, if you’re the head of a household (unmarried with.

The standard deduction for tax year 2024 is $14,600 for singles, $29,200 for joint filers and $21,900 for heads of household. For 2024, these amounts are increased to $14,600 for those filing as single or married filing separately, $21,900 for those filing as head of household, and.