Standard Deduction 2024 Mfj

Standard Deduction 2024 Mfj. The additional standard deduction for the aged or the blind will be $1,550. In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly.

Wider income tax slabs, higher standard deduction make the new tax regime more attractive. The additional standard deduction amount increases to $1,950 for unmarried taxpayers.