2024 Standard Deduction Married Filing Joint. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). Page last reviewed or updated:

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 amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.