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2024 Standard Deduction For Married Couples
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2024 Standard Deduction For Married Couples. For example, assume a hypothetical taxpayer who is married with. Tax system, income tax rates are graduated, so you pay different rates on different amounts of taxable income.
2024 standard deductions the deduction set by the irs for the 2024 tax year is as follows: The standard deduction for married couples filing jointly for tax year 2024 increases to $29,200, up $1,500 from the prior year.
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