Standard Tax Deduction 2024 Filing Jointly. 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. The additional standard deduction for 2024 is $1,950 (up $100 from 2023) per single person (or head of household) or $1,550 (up $50 from 2023) per qualifying individual.

Find the 2024 tax rates. The standard deduction simplifies the tax filing process by offering a straightforward way to reduce taxable income.