2024 Standard Deductions And Tax Brackets Irs. Bloomberg tax has released its annual projected u.s. The standard deduction for married couples filing jointly for tax year 2024 will rise to $29,200, an increase of $1,500 from tax year 2023.
Let’s take a closer look at what has been announced for the 2024. The standard deduction will rise to $15,000 for an individual or $30,000 for a married couple.
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