What Is The Standard Deduction For 2024 Mfj. A standard deduction of $29,200 in 2024, reducing taxable income by the maximum amount. These amounts are provided in the chart below.

The standard deduction for 2024 is $14,600 for single filers and those married filing separately, $29,200 for joint filers and surviving spouses, and $21,900 for heads of household. Single or married filing separately—$14,600.