Standard Deduction For 2024 And 2024 Married Jointly

Standard Deduction For 2024 And 2024 Married Jointly. In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly increased from 2023 ($13,850 and $27,700). $29,200 for married individuals filing jointly and surviving spouses, $21,900 for heads of households, and;.

Page last reviewed or updated: For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.