2024 Standard Tax Deduction Chartmetric. Tax brackets and the standard deduction for 2024 the standard deduction for single taxpayers and married individuals filing separately will be $14,600, up $750 over 2023. These amounts are provided in the chart below.
The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). For 2024, the standard deduction rises to $15,600 for individuals and $31,200 for married couples filing jointly, which is up from $13,850 and $27,700 respectively in 2023.
2024 Standard Tax Deduction Chartmetric Images References :