2024 Standard Deduction Head Of Household . Standard deduction 2024 single over 65 juli saidee, for those filing head of household, the standard deduction will be $21,900 for tax year 2024 (up $1,100 from tax year 2023). Explore the impact of budget 2024 on individual taxpayers with sonu iyer's analysis on new tax regime, capital gains, and stt changes in our 'budget insights' series.
The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023. Married filing jointly or qualifying surviving spouse—$29,200.
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