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Standard Deduction 2024 Single Filers

Standard Deduction 2024 Single Filers. For the 2024 tax year, the adjusted gross income (agi) amount for joint filers to determine the reduction in the lifetime learning credit is $160,000; Seniors over age 65 may claim an additional standard deduction.


Standard Deduction 2024 Single Filers

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 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.

Standard Deduction 2024 Single Filers Images References :

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