Candi Rosemaria

Irs Standard Deduction 2024 Married. 9, 2023, the irs announced the annual inflation adjustments for the 2024 tax year. In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1).

For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married. The standard deduction is a specific dollar amount that reduces the amount of income on which you’re taxed.