2024 Standard Tax Deduction Married Jointly

2024 Standard Tax Deduction Married Jointly. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows.


2024 Standard Tax Deduction Married Jointly

Married individuals filing jointly get double that allowance, with a standard deduction of $29,200 in 2024. Line 4, if you expect your filing status for 2024 to be married filing.

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