Standard Deduction For Taxes Filed In 2024

Standard Deduction For Taxes Filed In 2024. If you're married, filing, jointly or separately, the extra standard deduction. A deduction reduces the amount of a taxpayer's income that's subject to tax, generally reducing the amount of tax the individual may have to pay.


Standard Deduction For Taxes Filed In 2024

The irs estimates that 90% of tax filers. The standard deduction for married couples filing jointly was $29,200 in 2024, while heads of household saw a $21,900 standard deduction in 2024.

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