What Is The Standard Deduction For 2024 Mfj. $14,600 for married couples filing. The additional standard deduction amount will increase to $1,950 if the individual is.
Higher standard deduction for taxpayers under new tax regime standard deduction for employees opting for new tax regime has increased from โน50,000 to. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;