2024 Standard Deduction Married Jointly. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). 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.

For the 2023 tax year, the standard deduction for those married filing. The internal revenue service has unveiled the federal income tax brackets for 2025, which are adjusted for inflation.