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I believe you are referring to the new Standard Deduction amounts. $24,000 is the Standard Deduction if you are Married Filing Jointly. The Standard Deduction is listed on Line 8 of your Form 1040, unless you use Itemized Deductions from Schedule A instead.
The Tax Cuts and Jobs Act (TCJA) that Congress signed into law on December 22, 2017, increased the Standard Deduction to the following amounts based on your filing status:
I believe you are referring to the new Standard Deduction amounts. $24,000 is the Standard Deduction if you are Married Filing Jointly. The Standard Deduction is listed on Line 8 of your Form 1040, unless you use Itemized Deductions from Schedule A instead.
The Tax Cuts and Jobs Act (TCJA) that Congress signed into law on December 22, 2017, increased the Standard Deduction to the following amounts based on your filing status:
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