2024 Tax Standard Deduction Over 65 . Use our income tax calculator to estimate how much tax you might pay on your taxable income. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to.
Use our income tax calculator to estimate how much tax you might pay on your taxable income. The basic standard deduction in 2024 and 2025 are:
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