How Much Is The Standard Deduction For 2024. Explore popular tax credits and deductions available to help you save money during tax season in 2024. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
The standard deduction for tax year 2024 is $14,600 for singles, $29,200 for joint filers and $21,900 for heads of household. Earlier, the standard deduction was.