Irs Standard Deduction For 2024 Tax Year. Let’s take a closer look at the standard deduction for the 2024 and 2025 tax years, why it’s important, and how it can work to your benefit. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.

The irs released the 2024 standard deduction amounts for returns normally filed in april 2025. This filing status is available to unmarried individuals who.