2024 standard deduction
- Single: $14,600
- Married filing jointly: $29,200
- Head of household: $21,900
- Filers 65+: an extra $1,550–$1,950
When to itemize
Itemize only if your mortgage interest, state and local taxes (SALT cap $10,000), charitable gifts, and medical expenses above 7.5% of AGI exceed the standard amount.
Quick estimate
Run the numbers in the Federal Tax Calculator — it automatically applies the larger of the standard or itemized deduction.