What Is The Standard Deduction For 2024 Mfj . The basic standard deduction in 2024 and 2025 are: The irs released the 2024 standard deduction amounts for returns normally filed in april 2025.
The standard deduction for taxpayers who don’t itemize their deductions on schedule a (form 1040) is higher for 2023 than it was for 2022. The basic standard deduction in 2024 and 2025 are:
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