2024 Standard Tax Deduction Married Jointly. The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year. For the tax year 2024, married couples filing jointly (those who are legally married and choose to file their taxes together) are eligible for a standard deduction of $29,200.
The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or $30,700. The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year.
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