2024 Standard Deduction Amount Over 65 . People 65 or older may be eligible for a. For 2024, that extra standard deduction is $1,950 if you are single or file as.
The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or $30,700 if both are.
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