Standard Deduction For 2024 Single Filer. The standard deduction for 2023 is: In 2 0 2 4, ed is 6 6 and single.
The standard deduction for tax year 2024 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.