Standard Deduction 2024 Over 65 Single

Standard Deduction 2024 Over 65 Single. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household. The additional standard deduction for people who are 65 or older is $1,950 for single filers or heads of household, and $1,550 for married couples filing jointly.

The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). There’s even more good news for older taxpayers.