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2024 Irs Tax Brackets And Standard Deduction
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2024 Irs Tax Brackets And Standard Deduction. The standard deduction for married couples filing jointly for 2023 is. The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year.
The agency has boosted the income thresholds for each. The inflation adjustments mean that taxpayers will need to earn more to hit a higher tax rate than they did in 2023.
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