what is the standard deduction for 2022

8 months ago 44
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The standard deduction for the 2022 tax year is as follows:

  • Single or Married Filing Separately: $12,950
  • Married Filing Jointly or Qualifying Widow(er): $25,900

For the 2023 tax year, the standard deduction is:

  • Single or Married Filing Separately: $13,850
  • Married Filing Jointly or Qualifying Widow(er): $27,700
  • Head of Household: $20,800

For the 2024 tax year, the standard deduction is:

  • Single or Married Filing Separately: $14,600
  • Married Filing Jointly or Qualifying Widow(er): $29,200
  • Head of Household: $21,900