Standard Deduction 2024 Married Filing Single. Single filers are taxed at the lowest marginal tax rate of. For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.
The standard deduction is the fixed amount the. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for.
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