Standard Deduction 2024 Married Filing Jointly. Your filing status changes from married filing jointly (or qualifying surviving spouse) to head of household or single (or married filing separately) or from head of household. You can choose married filing jointly as your filing status if you are considered married and both you and your spouse agree to file a joint return.
The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025. Thatโs the 2024 regular standard deduction of $29,200 for married taxpayers filing joint returns, plus three additional standard deductions at $1,550 apiece.