Current Standard Deduction 2024 Married Jointly. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100. For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married couples filing jointly and.


Current Standard Deduction 2024 Married Jointly

The irs released the 2024 standard deduction amounts for returns normally filed in april 2025. The tax rate for individuals (single filing) earning under $400k will be preserved.

Current Standard Deduction 2024 Married Jointly Images References :