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Standard Deduction 2024 Married Filing Jointly

Standard Deduction 2024 Married Filing Jointly. Suppose you’re married filing jointly and you have $260,000 magi, which includes $150,000 in interest, dividends, and capital gains. Here’s how that works for a single person with taxable income of $58,000 per year:


Standard Deduction 2024 Married Filing Jointly

For a married couple filing jointly the amount is $29,200. Here’s how that works for a single person with taxable income of $58,000 per year:

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