Standard Deduction 2024 Married Filing Jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; Married couples filing jointly will see a deduction of $29,200, a boost of $1,500 from 2023, while heads of household will see a jump to $21,900 for heads of household, an increase of.

For comparison, the standard deduction amounts for single taxpayers and married taxpayers filing separately was $14,600 in 2024. And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of.