2024 Standard Deduction Mfs. Plus, there's good news for savers: For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married.


2024 Standard Deduction Mfs

The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). New 2024 income tax brackets and a higher standard deduction may mean tax cuts for many americans.

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