Standard Deduction 2024 Mfj Single. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married.
The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household.