Irs Standard Deduction 2024 Over 65. People who are age 65 and over have a higher standard deduction than. 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.
And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household.