Married File Jointly Standard Deduction 2024

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Married File Jointly Standard Deduction 2024

Married File Jointly Standard Deduction 2024. A married couple filing their 2024 tax return jointly with an adjusted gross income of $125,000 is entitled to a standard deduction of $29,200. For instance, the standard deduction for married couples filing jointly was $29,200 this year versus $14,600 for separate filers.


Married File Jointly Standard Deduction 2024

If a hypothetical couple with an adjusted gross income (agi) of $129,200 takes the married filing jointly 2024 standard. 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.

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