Standard Deduction 2024 Head Of Household. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025. The head of household status provides a larger standard deduction and better tax rates for calculating federal income.
The 2024 standard deduction for head of household is $21,900. For those filing head of household, the standard deduction will be $21,900 for tax year 2024 (up $1,100 from tax year 2023).
Standard Deduction 2024 Head Of Household Images References :