2024 Standard Deduction For Married Couples 2024. — the federal income tax has seven tax rates in 2024: — ahead of the 2024 presidential election, the hutchins center explains which provisions of the tax cuts and jobs act expire at the end of 2025.
— 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. The additional standard deduction amount will increase to $1,950 if the individual is.