Standard Deduction For 2024 Married Jointly 2024. 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. The standard deduction for couples filing jointly will be $29,200, up $1,500 from 2023;

For single taxpayers, the 2024 standard deduction is $14,600, up $750 from 2023; 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.