2024 Standard Deduction Mfj 2024 . The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). See all standard deductions by year and legislative history.
For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married. The basic standard deduction in 2024 and 2025 are:
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