Irs Tax Brackets 2024 Married Jointly. 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. Project 2025 could bring sweeping tax changes under a second trump term.

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. The standard deduction for 2024 will rise to $29,200 for married couples filing jointly and to $14,600 for single filers.