2024 Standard Deduction Married Filing Jointly For Seniors. Married couples filing jointly will see a deduction of $29,200, a boost of $1,500 from 2023, while heads of household will see a jump to $21,900 for heads of household, an increase of $1,100. For married couples filing jointly, the standard deduction is $25,900 in 2023 and 2024 the standard deduction is a set amount that you can deduct from your income.

The tax rate for individuals (single filing) earning under $400k will be preserved. For married couples filing jointly, the standard deduction is $25,900 in 2023 and 2024 the standard deduction is a set amount that you can deduct from your income.