What Is The Standard Deduction For 2024 Taxes In Usa

What Is The Standard Deduction For 2024 Taxes In Usa. Your date of birth, your spouse's date of birth, and filing status. And it’s more than former president donald j.

The higher standard deduction and the new tax brackets next year mean it may be better for more people to take the standard deduction. For comparison, the standard deduction amounts for single taxpayers and married taxpayers filing separately was $14,600 in 2024.