Standard Tax Deduction 2024 Married Jointly 2024

Standard Tax Deduction 2024 Married Jointly 2024. The deduction set by the irs for the 2024 tax year is 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.

For single taxpayers, the 2024 standard deduction is $14,600, up $750 from 2023; The standard deduction nearly doubled under the tcja.