2024 Standard Tax Deduction Married Jointly. Here are the standard deduction amounts set by the irs:  โ€” for married couples filing jointly, the standard deduction increases in 2024 to $29,200.


2024 Standard Tax Deduction Married Jointly

In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly increased from 2023 ($13,850 and $27,700). Use this worksheet to figure the amount of your projected withholding for 2024, compare it to your projected tax for 2024, and, if necessary, figure any adjustment to the amount.

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