Standard Deduction 2024 Single Filers. 2024 standard deduction for single filers. The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed.
The standard deduction is typically revised annually for inflation, and is different for each filing status. For the tax year 2024, single filers (people who are not married and do not qualify for any other filing status) are eligible for a.