Standard Deduction For 2024 And 2024 Married Jointly

Standard Deduction For 2024 And 2024 Married Jointly. The standard deduction is a set amount that you can deduct from your income before you are taxed. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household.

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. For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows.