Standard Deduction 2024 Mfj. The annual standard deduction is a static amount determined by congress. 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.
Tax year 2024 standard deduction amounts (filed in 2025) 2024 standard deduction amounts: For married filing joint (mfj) taxpayers with agi below $25,999, the standard deduction is $8,500.