Standard Tax Deduction 2024 Married Jointly Vs Separately. 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. Married taxpayers filing a joint return:
From hiking the standard deduction limit in the new tax regime to tweaking tax slabs to simplifying capital gains tax โ budget 2024 has changed a host of tax rules. For instance, the standard deduction for married couples filing jointly was $29,200 this year versus $14,600 for separate filers.