Standard Deduction Married 2024. From revision in the income tax regime to a hike in standard deduction, finance minister nirmala sitharaman announced several changes for taxpayers in. Some people go for the standard deduction mainly because it is the least complicated and saves time.

The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of. The 2023 standard deduction was $13,850 for single filers and those married filing separately, $27,700 for those married filing jointly, and $20,800 for heads of household.