Standard Tax Deduction 2024 Single Over 65 . $3,700 if you are single or filing as head of household $3,000 per qualifying individual if you are married, filing. Learn how it affects your taxable income and any limits on claiming it.
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%. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.
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