Standard Deduction 2024 Married Jointly. Married couples filing jointly can claim an amount that's twice as large, $27,700, and taxpayers filing as head of household (unmarried individuals with dependents) can claim a. Here’s how that works for a single person earning $58,000 per year:

Here are the standard deduction amounts set by the irs: For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of.