Standard Deduction 2024 Single. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household. If you can be claimed as a dependent, you have a different standard.
Your standard deduction consists of the sum of the basic standard. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to $61,150.