Standard Tax Deduction 2024

Standard Tax Deduction 2024. Married couples can boost their standard deduction by $1,950 if.  — the individual tax rates will remain 10%, 12%, 22%, 24%, 32%, 35% and 37%, as set by the 2017 tcja.

 — for 2024 (tax returns typically filed in april 2025), the standard deduction amounts are $14,600 for single and for those who are married, filing separately;  — the tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.