deduction and inserting guaranteed deduction . (6) Section 3402 of such Code is amended by striking standard deduction each place it appears and inserting guaranteed deduction . (7) Section 6012 of such Code is amended by striking standard deduction each place it appears and inserting guaranteed deduction . (8) Section 6013(b)(3)(A) of such Code is amended by striking standard deduction and inserting guaranteed deduction . (9) Section 6014(b)(4) of such Code is amended by striking standard deduction and inserting guaranteed deduction . (10) Section 6334 of such Code is amended by striking standard deduction each place it appears and inserting guaranteed deduction . (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2023. 3. Bonus guaranteed deduction for 2024 and 2025 (a) In general Section 63(c) of the Internal Revenue Code of 1986 (as amended by section 2) is amended by adding at the end the following new paragraph: (8) Bonus guaranteed deduction for taxable years 2024 and 2025 (A) In general In the case of a taxable year beginning after December 31, 2023, and before January 1, 2026, the guaranteed deduction shall be increased by the amount of the bonus guaranteed deduction. (B) Bonus guaranteed deduction For purposes of this paragraph, the bonus guaranteed deduction is— (i) twice the dollar amount in effect under clause (iii) in the case of a joint return or a surviving spouse (as defined in section 2(a)), (ii) $3,000 in the case of a head of household, and (iii) $2,000 in any other case. (C) Adjustment for inflation In the case of a taxable year beginning after 2024, the dollar amounts in clauses (ii) and (iii) of subparagraph (B) shall each be increased by an amount equal to— (i) such dollar amount, multiplied by (ii) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting 2023 for 2016 in subparagraph (A)(ii) thereof. If any increase under this subparagraph