What Is The Standard Deduction For 2024 Irs. The standard deduction for a single person will go. The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year.
The irs released the 2024 standard deduction amounts for returns normally filed in april 2025. The irs has already released tax brackets for 2024, the taxes you will file in 2025.