Irs Income Tax Standard Deduction 2024. For 2024, the highest income tax bracket of 37 percent applies when taxable income hits: Here are the projected standard deduction amounts for 2024:

The standard deduction for 2024 (tax returns filed in 2025) is $14,600 for single filers and married people filing separately, $21,900 for heads of household, and $29,200 for. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;