What Is The Standard Deduction For 2024 Hoh. The standard deduction for tax year 2024 is $14,600 for singles, $29,200 for joint filers and $21,900 for heads of household. For 2025, these figures increase to $15,000 for single filers and $22,500 for hoh.
Standard deduction the standard deduction reduces a taxpayer’s taxable income by a set amount determined by the government. The irs released the 2024 standard deduction amounts for returns normally filed in april 2025.