Standard Deduction 2024 Married Jointly

Standard Deduction 2024 Married Jointly. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. 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.

Married couples filing jointly can claim an amount that’s twice as large, $29,200, and taxpayers filing as head of household (unmarried individuals with dependents) can claim a standard. Single or married filing separately—$14,600.