2024 Standard Deduction. — the 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household. — 2024 2025 standard deduction.
You don’t pay federal income tax on every dollar of your income. — the standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).