Standard Deduction 2024 Single Filers

Standard Deduction 2024 Single Filers. If you're married filing jointly or separately, the extra standard deduction is $1,550. The standard deduction for a single person will go up from $13,850 in 2023 to $14,600 in 2024, an increase of 5.4%.

Publication 17 (2023), your federal income tax 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 couples.