Standard Deduction For 2024 Tax Year Over 65. The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. Senior discounts are commonplace in restaurants, but there's one for taxes too.


Standard Deduction For 2024 Tax Year Over 65

Each joint filer 65 and over can increase the standard deduction by $1,550 apiece, for a total of $3,100 if. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for.

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