Standard Tax Deduction 2024 Married Jointly. For example, the irs standard deduction 2024 for married couples filing jointly is $29, 200 so they can deduct this amount to reduce their taxable income from federal tax. Explore the recently announced 2024 irs tax brackets and standard deductions to start planning for tax year 2024.
Per the irs, the standard deduction amount for tax year 2023 (filed in 2024) is $13,850 for single filers, $27,700 for married couples and $20,800 for heads of household. This guide is here to make it easier.