Irs Standard Deduction 2024 Married Joint. 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. This means that if your taxable income is less than $27,700, you will not owe any taxes.
Married filing separately if youโre married and donโt want to file jointly or find that filing. Also, your standard deduction (if you don’t itemize deductions).