2024 Tax Standard Deduction Amount

2024 Tax Standard Deduction Amount. The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried. These are the tax rates you will pay in.

You can use our federal tax brackets calculator to determine how much tax you will pay for the current tax year, or to determine how much tax you have paid in previous tax years. Uncertain on policy but will not result in tax hikes to taxpayers with income <$400,000;