What Is Standard Tax Deduction For 2024. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household. 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.
The senate rejected a bill on thursday that would have restored lapsed tax breaks for businesses and expanded the child tax credit, as many. The change is one of several annual adjustments.
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