Standard Deduction 2024 Single Filers. 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 will increase by $750 for single filers and $1,500 for married couples in 2024.
For married filing jointly taxpayers, the 2023. You don’t pay federal income tax on every dollar of your income.