Standard Tax Deduction 2024 Married Jointly Tax Return

Standard Tax Deduction 2024 Married Jointly Tax Return.  — married couples filing jointly can claim an amount that's twice as large, $27,700, and taxpayers filing as head of household (unmarried individuals with. Seniors over age 65 may claim an additional standard deduction.

If you’re filing as single or married filing separately, you can deduct $13,850 for tax year 2023 (and $14,600 for. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for.