2024 Standard Tax Deduction For Seniors 2024. Federal income tax rates and brackets. Illinois provides a standard personal exemption tax deduction of $ 2,625.00 in 2024 per qualifying filer and qualifying dependent(s), this is used to reduce the amount of income.

The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns. The tax tables below include the tax rates, thresholds and allowances included in the arizona tax calculator 2024.