2024 Standard Deduction Married Joint Spouse. In the case of a married couple filing a joint return for 2023, up to $6,500 ($7,500 for each spouse age 50 or older by the end of 2023) can be contributed to iras on behalf of each. The deduction set by the irs for the 2024 tax year is as follows:
For the tax year 2024, the top tax rate is 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples filing jointly). The irs released the 2024 standard deduction amounts for returns normally filed in april 2025.