Moyna Tiffani

Irs 2024 Standard Deductions And Tax Brackets. Here’s a look at the projected numbers for the tax year 2024, beginning jan. 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.

Explore the recently announced 2024 irs tax brackets and standard deductions to start planning for tax year 2024. It increases to $12,950 for single taxpayers and $29,200 for married couples.