2024 Standard Deduction Head Of Household. For the 2023 tax year, the standard deduction for a head of household is $20,800, compared to just $13,850 for a single filer. The size of your standard deduction depends largely on your tax filing status.
Seniors over age 65 may claim an additional standard deduction. You deduct an amount from your income before you calculate.
People Who Are 65 Or Older Can Take An Additional Standard Deduction Of $1,950 For Single And Head.
They are $14,600 for single filers and married couples filing.
The 2024 Standard Deduction For Head Of Household Is $21,900.
For the 2023 tax year, which is filed in early 2024, the federal standard deduction for single filers and married folks filing separately was $14,600.
2024 Standard Deduction Head Of Household Images References :
Here Are The Standard Deduction Amounts Set By The Irs:
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The size of your standard deduction depends largely on your tax filing status.