This part of the publication discusses the filing requirements for dependents, who is responsible for a child's return, how to figure a dependent's standard deduction, and. For 2024, the standard deduction amount for an individual who may be claimed as a dependent by another taxpayer cannot exceed the greater of $1,300 or the sum of $450 and the individual’s earned.
(1) $1,250, or (2) your earned income plus. Your standard deduction depends on your filing status, age and whether a taxpayer is blind.
The Publication Explains The Different Filing Statuses, Such As Single, Married Filing Jointly, Head Of Household, And Qualifying Widow(Er), And The Criteria For Each.
This publication discusses some tax rules that affect every person who may have to file a federal income tax return.
Learn How It Affects Your Taxable Income And Any Limits On Claiming It.
For the 2023 tax year, which is filed in early 2024, the federal standard deduction for single filers and married folks filing separately was $14,600.
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Learn How It Affects Your Taxable Income And Any Limits On Claiming It.
This part of the publication discusses the filing requirements for dependents, who is responsible for a child's return, how to figure a dependent's standard deduction, and.
Seniors Over Age 65 May Claim An Additional Standard Deduction.
For tax year 2024, the standard deduction is $14,600 if you file as single or married filing separately.
