What Is The Standard Deduction Amount 2024 . In 2024, the standard deduction is $14,600 for singles, $29,200 for joint filers, and $21,900 for heads of household. The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed.
It was nearly doubled for all classes of filers. For 2025, it’s $15,000 for singles, $30,000 for joint filers.
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