Std Deduction For 2024

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Std Deduction For 2024. The amount of the standard deduction is as follows: That’s a $750 increase over 2023.


Std Deduction For 2024

Seniors over age 65 may claim an additional standard deduction of $1,950 for. For 2024, the baseline amount for those claimed as a dependent, increases to $1,300 and the standard deduction increase to $14,600 for those filing as single.

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