Standard Deduction For 2024 Married Joint . 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. For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married.
The deduction set by the irs for the 2024 tax year is as follows: $14,600 for married couples filing separately.
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