2024 Standard Tax Deduction Chart . The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household. The irs uses 7 brackets to calculate your tax bill based on your income and filing status.
The irs uses 7 brackets to calculate your tax bill based on your income and filing status. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.
2024 Standard Tax Deduction Chart Images References :
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