2024 Standard Deduction Mfs. The standard deduction for taxpayers will get the same 5.4% bump that the tax brackets received. $14,600 for married couples filing.

For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married. The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns.