Standard Deduction For Seniors 2024 Tax Year , Standard Deduction For Seniors 2024 Tax Year. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750. Head of household (hoh) $21,900. How much is the additional standard deduction? Standard deductionthe standard deduction reduces a taxpayer’s taxable income by a set amount determined by the government. Standard Deduction For Seniors 2024 Tax Year Images References : 2024
Standard Deduction For Seniors 2024 Tax Year. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750. Head of household (hoh) $21,900. How much is the additional standard deduction? Standard deductionthe standard deduction reduces a taxpayer’s taxable income by a set amount determined by the government.