Standard Deduction 2024 Instructions. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; The standard deduction for taxpayers who don't itemize their deductions on schedule a (form 1040) is higher for 2023 than it was for 2022.


Standard Deduction 2024 Instructions

Your standard deduction consists of the sum of the basic standard deduction and any additional standard deduction amounts for age and/or blindness. If you expect to claim the standard deduction on your 2024 tax return, enter the amount on line 2a.

Standard Deduction 2024 Instructions Images References :