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Standard Tax Deduction 2024 Married Jointly

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Standard Tax Deduction 2024 Married Jointly. 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. Find the current tax rates for other filing statuses.


Standard Tax Deduction 2024 Married Jointly

If you’re filing as single or married filing separately, you can deduct $13,850 for tax year 2023 (and $14,600 for tax year 2024). Married couples filing jointly will see a deduction of $29,200, a boost of $1,500 from 2023, while heads of household will see a jump to $21,900 for heads of household, an.

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