What Is The Standard Deduction For 2024 Hoh. How much is the standard deduction for 2024? For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
For the 2023 tax year, which is filed in early 2024, the federal standard deduction for single filers and married folks filing separately was $14,600. The irs released the 2024 standard deduction amounts for returns normally filed in april 2025.