2024 Irs Standard Deduction Amount

2024 Irs Standard Deduction Amount. The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year. For taxpayers who are blind or at least age 65, you.


2024 Irs Standard Deduction Amount

How much is the standard deduction for 2024? For taxable years beginning in 2024, the standard deduction amount under § 63(c)(5) for an individual who may be claimed as a dependent by another taxpayer cannot exceed the greater of (1) $1,300, or (2) the sum of.

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