2024 Standard Deduction Married Filing Joint

2024 Standard Deduction Married Filing Joint. You can choose married filing jointly as your filing status if you are considered married and both you and your spouse agree to file a joint return. The standard deduction for married couples filing jointly was $29,200 in 2024, while heads of household saw a $21,900 standard deduction in 2024.

Single filers are taxed at the lowest marginal tax rate of 10% on their first $11,600. 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 filing jointly and.