Standard Deduction For 2024 Single Filer. The standard deduction for 2021 (the taxes you file in early 2022) is $12,950 for single filers and $25,900 for joint filers. The standard deduction for couples filing jointly is $29,200 in.
In tax year 2024, the standard deductions are as follows: The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).