Standard Deduction 2024 Married Filing Jointly
Standard Deduction 2024 Married Filing Jointly. Here’s how that works for a single person with taxable income of $58,000 per year: Generally, your filing status is based on your marital status on the last day of the year.
Whether you get a refund; For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;