Ga Standard Deduction 2025. The 2023 standard deduction allows taxpayers to reduce their taxable income by $5,400 for single filers, widowed spouses and heads of household, $3,550 for married taxpayers. The recently signed legislation calls for the elimination of the current six tax brackets to a single flat rate of 5.49% by 2024.
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The Law Simplified Five Income Tax Brackets Into A Flat 5.49 Percent Tax For All Earners, Eliminated Federal Tax Deductions, And Raised The Standard State Deductions For.
What is georgia’s standard deduction?
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The standard deduction, which simplifies filing for many taxpayers, is poised to be cut in half.
Ga Standard Deduction 2025 Images References :
— Temporarily Doubles The Georgia Standard Deduction For Individuals To $4,600 For Single And Head Of Household Filers;
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For 2024 (Tax Returns Typically Filed In April 2025), The Standard Deduction Amounts Are $14,600 For Single And For Those Who Are Married, Filing Separately;