Standard Deduction For 2024 Head Of Household If Married. The standard deduction is the dollar amount you’re allowed to take on your tax return to. The standard deduction for tax year 2024 is $14,600 for singles, $29,200 for joint filers and $21,900 for heads of household.

Here are the standard deduction amounts set by the irs: 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 heads of household.