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2024 Standard Deduction

2024 Standard Deduction. Itโ€™s the simplest way to reduce your taxable income on your tax return. The 2024 standard deduction is $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household.


2024 Standard Deduction

The 2024 standard deduction is $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. How does standard deduction reduce taxable income?

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