2024 Standard Deduction For Married Couples 2024. โ 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. 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.
For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows. โ the standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).