What Is The Standard Deduction For 2024 Hoh. As mentioned above, the standard deduction you’d be eligible for depends on your filing status. Single taxpayers and married individuals filing separately will have a standard deduction of $14,600, an increase of $750 from the current tax year.
The s tandard deduction for head of household is $20,800 for 2023. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.
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