2024 Standard Deduction Married Filing Joint Account. 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 2023 returns filed in 2024, the standard deduction for those married filing separately is $13,850, whereas the standard deduction for joint returns is double:.


2024 Standard Deduction Married Filing Joint Account

In 2024, the income limits for every tax bracket and all filers will be adjusted for inflation and will be as follows (table 1). In 2024, the standard deduction will increase, reaching $29,200 for married couples filing jointly, $21,900 for heads of household and.

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