Standard Tax Deduction 2024 Single. — what is the standard deduction for 2024? — subtract the standard deduction of $2,340 from annualized gross pay in step 4 to determine annual net taxable income.
California resident income tax return (form 540 2ez) california resident income tax return (form 540) — for the 2023 tax year, which is filed in early 2024, the federal standard deduction for single filers and married folks filing separately was $14,600.