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What Is The Standard Deduction For 2024 Joint Filing

What Is The Standard Deduction For 2024 Joint Filing. 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. $21,900 for heads of households.


What Is The Standard Deduction For 2024 Joint Filing

The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). The irs released the 2024 standard deduction amounts for returns normally filed in april 2025.

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