2024 Standard Deductions And Tax Brackets Married Jointly Over 65

2024 Standard Deductions And Tax Brackets Married Jointly Over 65. The standard deduction for married couples filing jointly was $29,200 in 2024, while heads of household saw a $21,900 standard deduction in 2024. Your bracket depends on your taxable income and filing status.

And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of. The standard deduction will rise to $14,600 for single taxpayers, a $750 increase, the agency announced thursday.