Irs 2024 Standard Deductions And Tax Brackets

Irs 2024 Standard Deductions And Tax Brackets. The agency has boosted the income thresholds for each bracket,. For heads of households, the standard deduction will be $22,500 for tax.

According to the irs website, these are the changes to expect in 2025. For married couples filing jointly, the standard deduction rises to $30,000, an increase of $800 from tax year 2024.