What Is The Standard Deduction For 2024 Hoh. $1,300, or the sum of $450 plus the. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.

 — for the 2023 tax year, the deduction for single filers is $13,850, but it climbs just over 50% more to $20,800 for those filing head of household. The s tandard deduction for head of household is $20,800 for 2023.