What Is The Standard Deduction For 2024 Irs

What Is The Standard Deduction For 2024 Irs. The standard deduction for taxpayers who don't itemize their deductions on schedule a (form 1040) is higher for 2023 than it was for 2022. For example, the irs standard deduction 2024 for married.


What Is The Standard Deduction For 2024 Irs

Itโ€™s the simplest way to reduce your taxable income on your tax return. People who are age 65 and over have a higher standard deduction than the basic standard deduction.

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