2024 Irs Tax Brackets And Standard Deduction

2024 Irs Tax Brackets And Standard Deduction. Single or married filing separately: With 2023 almost wrapped up and tax returns due in just a few months on monday, april 15, 2024, we’ll review the irs tax brackets, standard deductions, eitc.

Here are the standard deduction amounts for the 2023 tax returns that will be filed in 2024. The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year.