Standard Tax Deduction 2024 Married Jointly. For 2024 (tax returns typically filed in april 2025), the standard deduction amounts are $14,600 for single and for those who are married, filing separately; A fixed dollar amount that reduces your taxable income.
The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). The 2024 standard deduction amounts are as follows: