2024 Standard Deduction Married Filing Jointly. $14,600 for single individuals and married individuals filing. The standard deduction for married couples filing jointly for tax year 2024 increases to $29,200, up $1,500 from the prior year.
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 from. The income tax department has released new frequently asked questions (faq) about direct tax vivad se vishawas (dtvsv) scheme 2024.this scheme (announced in.