2024 Married Filing Jointly Tax Brackets Single. The standard deduction for couples filing jointly is $29,200 in 2024, up from $27,700 in the 2023 tax year. The standard deduction is the fixed amount the irs allows you to deduct from your annual income.
However, in 2024 the same. Suppose you’re married filing jointly and you have $300,000 magi, which includes $10,000 in interest, dividends, and capital gains.