Standard Tax Deduction 2024 Single
Standard Tax Deduction 2024 Single. The top marginal tax rate in tax year 2024, will remain at 37% for single individuals with. The standard deduction rose in 2024.
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. If you are 65 or older or blind, you can claim an additional standard deduction.