Tax Brackets 2024 And Standard Deduction

Tax Brackets 2024 And Standard Deduction. New 2024 income tax brackets and a higher standard deduction may mean tax cuts for many americans. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household.


Tax Brackets 2024 And Standard Deduction

If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household. The irs released these brackets and income levels for 2024:

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