2024 Standard Deduction Married Filing Joint. For the 2023 tax year, the standard deduction for married couples filing jointly is $27,700, nearly double the $13,850 deduction for those filing separately. The standard deduction for single filers and for married people who file separate returns rises to $14,600, up $750 from 2023;
For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023. If you make $70,000 a year living in maryland you will be taxed $10,669.