2024 Tax Standard Deduction Amount For Seniors . They are $14,600 for single filers and married couples filing. Taxpayers will also see an increase on their standard deduction.
If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to. Single filers will see an increase of $750 and joint filers will receive a $1,500 bump in their standard.
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