2024 Standard Deduction Head Of Household

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2024 Standard Deduction Head Of Household. People who are 65 or older can take an additional standard deduction of $1,950 for single and head of household filers and $1,550 for married filing jointly,. The standard deduction reduces your adjusted gross income (agi) to help lower your federal tax bill.


2024 Standard Deduction Head Of Household

If the taxpayer or spouse is legally blind and/or born before january 2,. The head of household filing status can claim a significantly larger standard deduction than those filing as single ($21,900 vs $14,600 for 2024).

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