2024 Standard Tax Deduction Chart
2024 Standard Tax Deduction Chart. The standard deduction for a single person will go up from $13,850. Here’s how that works for a single person with taxable income of $58,000 per year:
$14,600 for single individuals and married individuals filing. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.
2024 Standard Tax Deduction Chart Images References :
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