What Is The Standard Deduction For 2024 Joint. All salaried individuals using old or new income tax regime. 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.

How much is the standard deduction for 2024? The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household.