2024 Tax Rates And Standard Deductions

2024 Tax Rates And Standard Deductions. Below, cnbc select breaks down the updated tax brackets for 2024 and what you need to. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household.


2024 Tax Rates And Standard Deductions

The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household. The federal income tax has seven tax rates in 2024:

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