2024 Standard Tax Deduction Married Jointly 2024. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an. Single filers are taxed at the lowest marginal tax rate of.
The deduction set by the irs for the 2024 tax year is as follows: That’s the 2024 regular standard deduction of $29,200 for married taxpayers filing joint returns, plus three additional standard deductions at $1,550 apiece.