Single Filer Standard Deduction 2024. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). For 2024 income taxes, the standard deduction is:
Section 63 (c) (2) of the code provides the standard deduction for use in filing individual income tax returns. People 65 or older may be eligible for a.
