Standard Deductions 2024 Tax Year. Here are the standard deduction amounts for the 2023 tax returns that will be filed in 2024. For the tax year 2024, single filers (people who are not married and do not qualify for any other filing status) are eligible for a standard deduction of $14,600.
Section 63(c)(2) provides the standard deduction for use in filing individual income tax returns. These are not the tax rates and other numbers for 2023 (you’ll find the official.