Standard Deduction 2024 Mfj

Standard Deduction 2024 Mfj. The irs allows every taxpayer, based on your filing status, to deduct a flat dollar amount from your adjusted gross income (agi). 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 couples.

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 couples. Find the 2024 tax rates.