2024 Standard Tax Deduction Married Jointly Synonym
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2024 Standard Tax Deduction Married Jointly Synonym. The standard deduction amounts for 2023 tax returns (those filed in 2024) are: For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
A married couple filing their 2023 tax return jointly with an adjusted gross income of $125,000 is entitled to a standard deduction of $27,700. Single or married filing separately:
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