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. For comparison, the standard deduction amounts for single taxpayers and married taxpayers filing separately was $14,600 in 2024.


Standard Tax Deduction 2024 Married Jointly

For the tax year 2024, married couples filing jointly (those who are legally married and choose to file their taxes together) are eligible for a standard deduction of $29,200. The agency has boosted the income thresholds for each bracket,.

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