Standard Deduction 2024 Irs. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. 4, 2024 — tax credits and deductions change the amount of a person’s tax bill or refund.
The standard deduction for single filers and for married people who file separate returns rises to $14,600, up $750 from 2023; 4, 2024 — tax credits and deductions change the amount of a person’s tax bill or refund.