What Are The Standard Deductions For 2024 Married Jointly

What Are The Standard Deductions For 2024 Married Jointly. Suppose you’re married filing jointly and you have $300,000 magi, which includes $10,000 in interest, dividends, and capital gains. 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.


What Are The Standard Deductions For 2024 Married Jointly

$14,600 for married couples filing. For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married.

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