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2024 Tax Rates And Standard Deductions

2024 Tax Rates And Standard Deductions. Deductions under new tax regime. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household.


2024 Tax Rates And Standard Deductions

Bloomberg tax has released its annual projected u.s. The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year.

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