The standard deduction for taxpayers who don't itemize their deductions on Schedule A (Form 1040) is higher for 2024 than it was for 2023. The amount depends on your filing status.

Nov 9, 2023 · For 2024, the additional standard deduction amount for the aged or the blind is $1,550. The additional standard deduction amount increases to $1,950 for unmarried taxpayers.

Jul 16, 2025 · Single filers, married couples filing jointly, widowers, and head of households are eligible for the standard deductions. Those who are above 65 or blind, eligible for higher standard deductions.

Mar 11, 2025 · For the 2024 tax year (the return you’ll file by April 2025), the standard deduction depends on your filing status: This straightforward reduction in taxable income is why many people …

May 14, 2024 · In this article we’ll cover what the standard deduction is, who’s eligible, the 2024 standard deduction by filing status, and more. The standard deduction is a fixed amount you can …

Apr 15, 2025 · The 2024 standard deduction is increased to $29,200 for married individuals filing a joint return; $21,900 for head-of-household filers; and $14,600 for all other taxpayers.

Feb 16, 2025 · For 2024, the Standard Deduction has increased once again to account for inflation, offering taxpayers an opportunity to lower their taxable income and reduce their overall tax bill. Let’s …