Standard Deduction 2024 Married Jointly Single. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). For single taxpayers and married individuals filing.
The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or $30,700. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household.
Standard Deduction 2024 Married Jointly Single Images References :