Free International Shipping On Order Over $60

2024 Standard Deduction Amount

2024 Standard Deduction Amount. Can i claim the standard deduction if i itemize deductions? You don’t pay federal income tax on every dollar of your income.


2024 Standard Deduction Amount

For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows. The standard deduction for a single person will go up from $13,850 in 2023 to $14,600 in 2024, an increase of 5.4%.

2024 Standard Deduction Amount Images References :