Devi Mureil

Irs Standard Deduction 2024 Head Of Household. The standard deduction amounts increase for the 2024 tax year — which you will file in 2025. Your filing status is single, head of household, or married filing separately and you didn't live with your spouse at any time in 2023 and your modified agi is at least $138,000.

The standard deduction is increasing by more than 5% for 2024 income tax returns, which will be filed in 2025. In order to claim this credit for 2024, your magi must not be more than $38,250 ($76,500 if married filing jointly;