2024 Standard Tax Deduction Married Jointly Vs Separately

2024 Standard Tax Deduction Married Jointly Vs Separately. When married couples file taxes separately, each spouse is responsible for their own tax debt and any penalties incurred. For the 2023 tax year, the standard deduction for married couples filing jointly is $27,700, nearly double the $13,850 deduction for those filing separately.


2024 Standard Tax Deduction Married Jointly Vs Separately

The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). The 2023 standard deduction was $13,850 for single filers and those married filing separately, $27,700 for those married filing jointly, and $20,800 for heads of household.

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