Standard Tax Deduction 2024 Married Jointly Synonym

Standard Tax Deduction 2024 Married Jointly Synonym. $27,700 (up from $25,900 in 2022) single taxpayers. For the 2023 tax year, the standard deduction for married couples filing jointly is $27,700, nearly double the $13,850 deduction for those filing separately.

For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household. The irs released the 2024 standard deduction amounts for returns normally filed in april 2025.