How Much Is The Standard Deduction For 2024 Irs. And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the. The standard deduction is increasing to $29,200 for married couples filing together and $14,600 for single taxpayers.
For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.