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Daily Archives: January 14, 2025

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Updated Figures for 2024 Tax Year

UncategorizedBy Meadville Tax ServiceJanuary 14, 2025

Truck Driver Per diem: $69 per day in the US Standard mileage rate 2024: = .67 cents Standard Deductions for 2024: Single or MFS = $14,600 MJF or QSS = $29,200 HOH = $21,900 IRA contribution limit for 2024: = $7,000 – ** If age 50 or older allowed an extra $1,000 Child Tax Credit:…

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