Standard Deduction For 2024 And 2024 Income Tax. $14,600 for married couples filing separately; If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to.

 — 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.  — if you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household.