2024 Standard Deduction Head Of Household Married Jointly
2024 Standard Deduction Head Of Household Married Jointly. In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly increased from. People who are 65 or older can take an additional standard deduction of $1,950 for single and head of.
The standard deduction will also increase in 2025,. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).