2024 Standard Tax Deduction Amount Calculator. Use smartasset's tax return calculator to see how your income, withholdings, deductions and credits impact your tax refund or balance due amount. 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.
In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly. Calculate your federal, state and local taxes for the current filing year with our free income tax calculator.
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