Standard Deduction 2024 Irs 2024 . You pay tax as a percentage of your income in layers called tax brackets. 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.
Standard deduction and personal exemption. $29,200 for married individuals filing jointly and surviving spouses, $21,900 for heads of households, and;.
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