Threshold For 2024 For Deductions. In 2024, the standard deduction is worth $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. 10 percent, 12 percent, 22 percent, 24 percent, 32.

In 2024, the standard deduction is worth $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. 2024 ira contribution and deduction limits effect of modified agi on deductible contributions if you are covered by a retirement plan at work