Married File Jointly Standard Deduction 2024

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Married File Jointly Standard Deduction 2024. For the tax year 2024, married couples filing jointly (those who are legally married and choose to file their taxes together) are eligible for a standard deduction of $29,200. The standard deduction will also increase in 2024, rising to $29,200 for married couples filing jointly, up from $27,700 in 2023.


Married File Jointly Standard Deduction 2024

The 2023 standard deduction was $13,850 for single filers and those married filing separately, $27,700 for those married filing jointly, and $20,800 for heads of household. Although you have $150,000 in net.

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