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2024 Standard Deduction Head Of Household Tax
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2024 Standard Deduction Head Of Household Tax. $27,700 for married couples filing jointly or qualifying surviving spouse. For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single.
The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025. The head of household filing status offers more generous tax brackets and a higher standard deduction than filing as single.
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