2024 Standard Deduction Married Filing Jointly. 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. Here’s how that works for a single person earning $58,000 per year:
The 2024 standard deduction for couples married filing jointly is $ $29,200 (up $1,500 from tax year 2023). 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.
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