Standard Tax Deduction 2024 Married Jointly Synonym

Standard Tax Deduction 2024 Married Jointly Synonym. For 2024, those individuals receive an additional $1,550 per person. An announcement from the irs reads, “the standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023.

This adjustment happened for taxpayers to not put. The standard deduction for single filers increases to $14,600, while married couples filing jointly will see it rise to $29,200 in 2024.