What Is The Standard Deduction For 2024 Taxes

What Is The Standard Deduction For 2024 Taxes. For 2023, they’ll get the regular standard deduction of $27,700 for a married couple filing jointly. You don’t pay federal income tax on every dollar of your income.

See 2023 tax brackets see 2022 tax brackets. Your standard deduction is limited when someone else claims you as a dependent on their tax return.