Std Deduction For 2024

Std Deduction For 2024. The irs released the 2024 standard deduction amounts for returns normally filed in april 2025. You deduct an amount from your income before you calculate taxes.


Std Deduction For 2024

The standard deduction is a specific dollar amount that reduces the amount of income on which you’re taxed. The standard deduction for a single person will go up from $13,850.

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