2024 Tax Rates And Standard Deductions Table . 2024 tax rates and deductions table kaela clarine, the federal income tax has seven tax rates in 2024: And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the.
For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
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