Standard Deduction For 2024 Married Joint Partner

Standard Deduction For 2024 Married Joint Partner. For the tax year 2024, married couples filing jointly (those who are legally married and choose to file their taxes together) are eligible for a standard deduction of. For the 2023 tax year, the standard deduction for married couples filing jointly is $27,700, nearly double the $13,850 deduction for those filing separately.

For tax year 2023 (which are due in 2024) if a couple files taxes jointly, their standard deduction would be $27,700. The irs adjusts the standard deduction each year for inflation.