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 additional standard deduction amount will increase to $1,950 if the individual is.

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. $14,600 for married couples filing.