Mina Suzann

2024 Standard Deduction Married Filing Joint Declaration. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). 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.

You are a married individual filing as married filing separately whose spouse itemizes deductions; If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household.