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Standard Deduction For 2024 Single Over 65

Standard Deduction For 2024 Single Over 65. People 65 or older may be eligible for a higher amount. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;


Standard Deduction For 2024 Single Over 65

In total, a married couple 65 or older would have a standard deduction of $32,300. For 2023, the additional standard deduction amounts for taxpayers who are 65 and older or blind are:

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