2024 Standard Tax Deduction Chart. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. The irs has released higher federal tax brackets for 2024 to adjust for inflation.


2024 Standard Tax Deduction Chart

Central board of direct taxes  โ€” new 2024 income tax brackets and a higher standard deduction may mean tax cuts for many americans.

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