Standard Tax Deduction 2024 Married Jointly Married. The irs released the 2024 standard deduction amounts for returns normally filed in april 2025. For 2024 (tax returns typically filed in april 2025), the standard deduction amounts are $14,600 for single and for those who are married, filing separately;
Seniors over age 65 may. For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly).