Standard Tax Deduction 2024 Married. Section 63 (c) (2) of the code provides the standard deduction for use in filing individual income tax returns. The standard deduction rises to $29,200 for married couples filing a joint tax return, which is an increase of $1,500 from tax year 2023;
The irs released the 2024 standard deduction amounts for returns normally filed in april 2025. See current federal tax brackets and rates based on your income and filing status.