Standard Deduction For 2024 Single Student

Standard Deduction For 2024 Single Student. 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. It’s the “above the line” adjustment to your.


Standard Deduction For 2024 Single Student

For 2023 taxes, due in april 2024, the standard deduction is $13,850 for single filers and those who are married filing separately. 2024 standard deduction the standard deduction has also increased a lot for 2024, due to inflation, which you can see in the table below.

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