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Standard Deduction 2024 Head Of Household Income

Standard Deduction 2024 Head Of Household Income. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household.


Standard Deduction 2024 Head Of Household Income

People who are 65 or older can take an additional standard deduction of $1,950 for single and head. Seniors over age 65 may claim an additional standard deduction.

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