2024 Standard Deduction Married Couples

2024 Standard Deduction Married Couples. The standard deduction rose in 2024. 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 $1,100 from.

For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023. Your standard deduction is limited when someone else claims you as a dependent on their tax return.