2024 Tax Brackets And Standard Deductions Married Jointly. Tax rates report, giving you an early look at what brackets and other key tax figures will look like in 2024. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household.
For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household. This would drop to $13,850 each if they opt for married.