Tax Brackets 2024 Single Standard Deduction. The 2024 standard deduction is $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. For single filers, the standard deduction for 2024 will be $14,600, up from $13,850 this year.
The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year. Find the standard deduction, amt thresholds and other tax changes for filing in 2025.