2024 Standard Deduction Amount Married Filing Jointly

2024 Standard Deduction Amount Married Filing Jointly. How to file your taxes: The amount is adjusted for inflation each year, and varies based on the taxpayers filing status (single, married filing jointly, married filing separately, or head of household), age.

Suppose you’re married filing jointly and you have $260,000 magi, which includes $150,000 in interest, dividends, and capital gains. Although you have $150,000 in net.