2024 Standard Deduction Married. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an. What is the standard deduction for 2024?
The standard deduction for married couples filing jointly for tax year 2024 will go up by $1,500 to $29,000. This means, for example, that in 2024 (taxes filed in 2025), the standard deduction for single filers will increase by $750 and by $1,500 for those married filing jointly.