2024 Standard Deduction For Married Couples Tax

2024 Standard Deduction For Married Couples Tax. For single taxpayers, the 2024 standard deduction is $14,600, up $750 from 2023; And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the amount for tax year 2023.


2024 Standard Deduction For Married Couples Tax

For the tax year 2024, married couples who choose to file separately may be eligible for a standard deduction of $14,600 for each spouse. In total, a married couple 65 or older would have a standard deduction of $32,300.

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