Standard Deduction 2024 Single Filers

Standard Deduction 2024 Single Filers. These tax rates are for the 2024 tax year covering tax returns that will be filed in 2025. When the 2017 tax cuts and jobs act nearly doubled the standard deduction in 2018, many taxpayers stopped itemizing on their returns.


Standard Deduction 2024 Single Filers

When the 2017 tax cuts and jobs act nearly doubled the standard deduction in 2018, many taxpayers stopped itemizing on their returns. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.

Standard Deduction 2024 Single Filers Images References :