Libbi Othella

Standard Tax Deduction 2024 Married Filing Jointly. The 2024 standard deduction amounts are 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.

If you’re married, filing, jointly or separately, the extra standard deduction amount is $1,550 per qualifying individual. The standard deduction will rise to $14,600 for single taxpayers, a $750 increase, the agency announced thursday.