What Is The Married Standard Deduction 2024 . $14,600 for married couples filing. For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.
People who are 65 or older can take an additional standard deduction of $1,950 for single and head of household filers and $1,550 for married filing jointly,. This enhanced deduction is now available to individual taxpayers receiving family pensions.
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