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  2. Here Are the New IRS Tax Brackets for 2024 - AOL

    www.aol.com/irs-tax-brackets-2024-does-131549360...

    For married couples filing jointly, it will rise to $29,200 for 2024, up from $27,700 in 2023. Those filing as heads of household will see their standard deduction increase to $21,900 for 2024, up ...

  3. New 2024 Tax Brackets May Lead to More Money in Your ... - AOL

    www.aol.com/finance/2024-tax-brackets-may-lead...

    Standard Deductions for 2024 Tax Year Standard deductions are also increasing, according to the IRS. The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200 ...

  4. 2023-2024 tax brackets and federal income tax rates - AOL

    www.aol.com/finance/2023-2024-tax-brackets...

    If you have enough deductions to exceed the standard deduction for your filing status ($13,850 for taxes due in 2024 and $14,600 for 2025 tax filings), you can itemize those expenses to lower your ...

  5. Standard deduction - Wikipedia

    en.wikipedia.org/wiki/Standard_deduction

    Married couple, ages 78 and 80, one of whom is blind $27,700 + $1,500 + $1,500 + $1,500 = $32,200 Dependent who earns $200 in 2023 $1,250 (minimum standard deduction for dependents) Dependent who earns $6,000 in 2023 $6,000 + $400 = $6,400 Dependent who earns $18,000 in 2023 $13,850 (maximum standard deduction for single filing status in 2023)

  6. Deciding Between Married Filing Jointly Versus Separately ...

    www.aol.com/deciding-between-married-filing...

    For tax year 2023 (which are due in 2024) if a couple files taxes jointly, their standard deduction would be $27,700. This would drop to $13,850 each if they opt for married filing separately status.

  7. Some might see a bigger 2024 tax refund after inflation ...

    www.aol.com/finance/might-see-bigger-2024-tax...

    The standard deduction is rising 6.9% or 7.2%, depending on filing status, while the Earned Income Tax Credit amount will increase by 7.1%, the Internal Revenue Service announced this week.

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