Standard Deduction 2024 Married Jointly. For the 2023 tax year, which is filed in early 2024, the federal standard deduction. Standard deduction for salaried class increased from 50,000 to 75,000.

In 2023, for example, single taxpayers and married taxpayers who file separate returns can claim a $13,850 standard deduction. Form 1040 + limited credits.