what is the standard deduction for married filing jointly 
the standard deduction for married couples filing jointly in the 2023 tax year is 27 700 this is the amount that is not subject to taxation this threshold increases to 29 200 in 2024 46the bottom linemarried filing jointly is one of the statuses that taxpayers can choose when they file their annual tax returns this status is used by married couples who decide to file a single return the couple must include their total income deductions and credits on that return for most couples filing jointly has advantages including a lower tax bill or a higher refund 