What Is The Standard Deduction For 2024 Hoh. People 65 or older may be eligible for a higher amount. Married filing jointly or qualifying.


What Is The Standard Deduction For 2024 Hoh

Standard deductionthe standard deduction reduces a taxpayer’s taxable income by a set amount determined by the government. Hoh filers benefit from wider tax brackets, allowing them to earn more income before moving into higher tax rates.

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