Irs Interest Rates 2024 Individual. The standard deduction for individual taxpayers rises to $14,600 in 2024, a $750 increase from 2023. In november 2023, the irs announced it would not raise federal tax interest rates in the first quarter 2024.


Irs Interest Rates 2024 Individual

For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, up $750. 8% for overpayments (7% for corporations) 8% for the underpayment of taxes.

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