2024 Tax Brackets And Standard Deduction. Bloomberg tax has released its annual projected u.s. And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the amount for tax year 2023.


2024 Tax Brackets And Standard Deduction

See current federal tax brackets and rates based on your income and filing status. In tax year 2024, the standard deductions are as follows:

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