Tax Brackets 2024 Standard Deduction. What are the changes to the earned. Bloomberg tax’s annual projected u.s.
Plus, there’s good news for savers: The top marginal income tax rate.
Updated Jun 20, 2024 Written By Sabrina Parys
Heads of households will see their standard deduction jump to $21,900 in 2024, up from $20,800.
The Standard Deduction Amounts Will Increase To $14,600 For Individuals And Married Couples Filing Separately, Representing An Increase Of $750.
The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household.