2024 Tax Tables And Standard Deductions Over 65. Tax rates report, giving you an early look at what brackets and other key tax figures will look like in 2024. The 2024 standard deduction is $14,600 for single filers and those married filing separately, $21,900 for heads of household and $29,200 for joint filers and surviving spouses.
Irs provides tax inflation adjustments for tax year 2024. As economic conditions fluctuate, the irs regularly adjusts these brackets to ensure they keep pace with inflation.
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