What Is The Standard Deduction For 2024 Joint. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for. The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023.
The 5.4% increase translates to a $750 jump in the basic standard deduction from 2023 to 2024 for single taxpayers, a $1,500 rise for joint filers, and a $1,100 boost. The arbitration court did not provide additional details on final score standings and how that would change medal positions, sending that decision to the.