What Is Standard Tax Deduction For 2024 Income Tax. 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. Additionally, the bill reduces income taxes while increasing the standard deduction and the child and dependent care tax credit.
Additionally, the bill reduces income taxes while increasing the standard deduction and the child and dependent care tax credit. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an.
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What Is Standard Tax Deduction For 2024 Income Tax