Standard Deduction 2024 Married Jointly Single

Standard Deduction 2024 Married Jointly Single. If you're married, filing, jointly or separately, the extra standard deduction. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.


Standard Deduction 2024 Married Jointly Single

For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023. The annual standard deduction is a static amount determined by congress.

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