2024 Standard Deduction Married Filing Joint Return

2024 Standard Deduction Married Filing Joint Return. The calculator automatically determines whether the standard or itemized deduction (based on inputs) will result in. 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 threshold phaseout amounts and the completed phaseout amounts shown in the table below for married taxpayers filing a joint return include the increase provided in § 32(b)(2)(b), as adjusted for inflation for taxable years beginning in 2024. $21,900 for heads of households.