Irs Income Tax Standard Deduction 2024. In 2024, the income limits for all tax brackets and all filers will be adjusted for inflation and will be as follows (table 1). 9, 2023, the irs announced the annual inflation adjustments for the 2024 tax year.
A handful of tax provisions, including the standard deduction and tax brackets, will see new limits and. 10% for single filers with incomes of $11,600 or less and for married couples filing a joint tax return with.