2024 Standard Deduction For Married Couples

2024 Standard Deduction For Married Couples. The standard deduction is the fixed amount the irs allows you to deduct from your annual income even if you don’t itemize your tax return. Federal income tax rates and brackets.


2024 Standard Deduction For Married Couples

The standard deduction is a set amount that you can deduct from your income before you are taxed. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;

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