August 15, 2024

Rica Venita

Explore ideas, tips guide and info Rica Venita

Standard Deduction 2024 Instructions

Standard Deduction 2024 Instructions. Seniors over age 65 may claim an additional standard deduction. The standard tax deduction is a set amount that taxpayers are automatically allowed to deduct from their taxable income, thus lowering their total tax owed.


Standard Deduction 2024 Instructions

The standard deduction for tax year 2024 is $14,600 for singles, $29,200 for joint filers and $21,900 for heads of household. Who must file, who should file, what filing status to use, and the amount of the standard deduction.

Standard Deduction 2024 Instructions Images References :