2024 Standard Tax Deduction Married Jointly Calculator. — 12.4% for social security (up to a certain income limit, which in 2024 is $160,200) 2.9% for medicare (with no income limit) if your net earnings exceed. — that’s the 2024 regular standard deduction of $29,200 for married taxpayers filing joint returns, plus three additional standard deductions at $1,550 apiece.
Answer each question by either clicking on the options shown or by entering dollar ($). — if the standard deduction is larger than the sum of your itemized deductions (as it is for many taxpayers), you’ll receive the standard deduction.
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