2024 Standard Tax Deduction Amounts. The standard deduction for 2024 is: Ready or not, the 2024.

For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of $1,100 from the.