2024 Standard Deduction Married. $14,600 for married couples filing separately; The standard deduction is a flat amount that reduces your taxable income and potentially your tax bill.

 — for single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; It’s $29,200 if you’re a surviving spouse or you’re married and you’re filing jointly.