How Much Is The Standard Deduction For 2024

How Much Is The Standard Deduction For 2024. The 2024 standard deduction was raised to $14,600. If you’re at least 65 years old or considered legally blind at the end of 2024, you’re entitled to an additional standard deduction for the 2024 tax year in the following dollar amount:


How Much Is The Standard Deduction For 2024

The irs adjusts the standard deduction each year for. People 65 or older may be eligible for a higher amount.

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