Single Filer Standard Deduction 2024

Single Filer Standard Deduction 2024. The standard deduction for tax year 2024 is $14,600 for singles, $29,200 for joint filers and $21,900 for heads of household. If you’re a single filer in the 22 percent tax bracket for 2024, you won’t pay 22 percent on all your taxable income.


Single Filer Standard Deduction 2024

People 65 or older may be eligible for a higher amount. In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly increased from 2023 ($13,850 and $27,700).

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