2024 Standard Deduction Mfj Vs Single

2024 Standard Deduction Mfj Vs Single. How to file your taxes: 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.

For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; The internal revenue service (irs) adjusts tax brackets for inflation each year, and because inflation remains high, it’s possible you could fall into a lower bracket for the.