Michigan Cost Of Living Adjustment 2024. The internal revenue service has announced the 2024 cost of living adjustments to various limits. The exemption amounts in 2024 will be $85,700 for singles and $133,300 for joint filers, increasing by $4,400 and $6,800, respectively, over 2023 amounts.
The exemption amounts in 2024 will be $85,700 for singles and $133,300 for joint filers, increasing by $4,400 and $6,800, respectively, over 2023 amounts. (1) the specific dollar amounts stated in sections 2102, 2402, 2404, 2405, and 3983 apply to decedents who die before january.
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