2024 Standard Deduction Amount . Standard deduction amounts (2024) kelly phillips erb also, for 2024, it's predicted that the standard deduction for an individual who may be claimed as a dependent by another taxpayer. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household.
You can claim deductions like standard deduction (30% of gross rental income), municipal taxes, and interest. Married filing jointly or qualifying.
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