2024 Standard Deduction Mfs . The additional standard deduction amount will increase to $1,950 if the individual is. Taxpayers who are age 65 or older can claim an additional standard deduction, which is added to.
Compare the standard deduction amounts for 2023 and 2024 based on filing status,. Learn how the standard deduction works, how much it is for 2024 tax returns, and when to claim it.
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Your First Look At 2024 Tax Rates Projected Brackets, Standard , The standard deduction is $14,600 for single or married filing separately in 2024 and $15,000 in 2025.