Standard Deduction 2024 Married File Joint. Single filers are taxed at the lowest marginal tax rate of 10% on their first $11,600. 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 heads of household.
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 couples filing jointly and. The new limit is rs.75,000.
Standard Deduction 2024 Married File Joint Images References :