2024 Standard Deduction Amount . And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the. Rationalization of capital gains tax and tax withheld at source frameworks changes to reassessment provisions and timelines.
Dependent filing requirement if you can be claimed as a dependent, you have a different standard deduction. The additional standard deduction amount increases to $1,950 for unmarried.
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Standard Deduction 2024 Irs Cody Mercie , โ the standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household.
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