2024 Standard Tax Deduction Married Jointly Synonym

2024 Standard Tax Deduction Married Jointly Synonym. In 2024, the standard deduction for married couples filing jointly is set at $27,700, which allows couples to reduce their taxable income significantly. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.

$29,200 for married individuals filing jointly and surviving spouses, $21,900 for heads of households, and; What could taking the standard deduction look like?