What Is The Standard Deduction For 2024 Taxes . The irs released the 2024 standard deduction amounts for returns normally filed in april 2025. The section 199a deduction was passed as part of the trump administration’s 2017 tax cuts and jobs act.
Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for. As vice president, harris will make $284,600 in 2024, an amount set by executive order.
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