2024 Standard Deduction Married Joint Benefit. For 2024, the standard deduction is $14,600 for single taxpayers and $29,200 for married joint filers. For 2024, if your income is greater than $103,000 and less.

For married filing joint or combined returns, the $4,600 standard deduction amount or the itemized deduction amount may be divided between the spouses in any matter they. The calculator below can help estimate the financial impact of filing a joint tax return as a married couple (as opposed to filing separately as singles) based on 2024 federal.