Federal Income Tax Standard Deduction For 2024. That’s a $750 increase over 2023. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.
$14,600 for married couples filing. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;