2024 Standard Tax Deduction Amount Irs. The irs released the 2024 standard deduction amounts for returns normally filed in april 2025. For married couples filing jointly, the standard deduction will be $29,200.
Tax rates report, giving you an early look at what brackets and other key tax figures will look like in 2024. The irs allows every taxpayer, based on your filing status, to deduct a flat dollar amount from your adjusted gross income (agi).