2024 Standard Deduction Married Filing Joint Declaration. For the tax year 2024, married couples filing jointly (those who are legally married and. The individual must submit a declaration to the specified bank regarding their income and tax details.

The standard deduction for married couples filing jointly for tax year 2024 will rise to $29,200, an increase of $1,500 from tax year 2023. See current federal tax brackets and rates based on your income and filing status.