2024 Standard Deduction Married Filing Joint

2024 Standard Deduction Married Filing Joint. You pay tax as a percentage of your income in layers called tax brackets. You can choose married filing jointly as your filing status if you are considered married and both you and your spouse agree to file a joint return.


2024 Standard Deduction Married Filing Joint

The standard deduction for couples filing jointly will be $29,200, up $1,500 from 2023; For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.

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