Standard Deduction 2024 Single Dependent. For 2024, the deduction gradually phases out starting at a modified agi (magi) of $75,000 for single filers, and $155,000 for married couples filing jointly. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household.
For those filing as a head of household, the standard deduction increased by $1,400. Taxpayers 65 and older and those who are blind can claim an additional standard deduction.
