Standard Deduction 2024 Mfj 2024

Standard Deduction 2024 Mfj 2024. These amounts are provided in the chart below. When you are looking at the federal tax brackets, you are able to determine which tax rate applies to you for the current tax season which allows you to go on and determine how much.

These amounts are provided in the chart below. 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%.