2024 Standard Tax Deduction Married Jointly Income. For the 2023 tax year, the additional standard deduction amounts are $1,850 for single filers or heads of household and $1,500 for married filers or qualifying widow. How much is the standard deduction for 2024?

The standard deduction rose in 2024. For 2024, the top rate of 37% applies to individuals with taxable income above $609,350 and married couples filing jointly earning $731,200.