Libbi Othella

2024 Standard Deduction Married Filing Jointly Under 80c. The standard deduction for married couples filing jointly for tax year 2024 will rise to $29,200, an increase of $1,500 from tax year 2023. Here are the standard deduction amounts set by the irs:

In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly increased from 2023 ($13,850 and $27,700). The 2024 standard deduction is increased to $29,200 for married individuals filing a joint return;