2024 Standard Tax Deduction Married Jointly 2024 . The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year. This publication explains how to pay your federal income tax as you earn or receive income during the year.
The standard deduction is the fixed amount the irs allows you to deduct from your. The deduction set by the irs for the 2024 tax year is as follows:
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