2024 Standard Deduction Irs . For taxable years beginning in 2024, the additional standard deduction amount under § 63(f) for the aged or the blind is $1,550. The standard deduction rose in 2024.
Higher contribution limits for 401 (k)s, iras, and hsas. 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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