2024 Standard Deduction Single Over Age 65

2024 Standard Deduction Single Over Age 65. The basic standard deduction in 2024 and 2025 are: The amount is adjusted for inflation each year, and varies based on the taxpayers filing status (single, married filing jointly, married filing separately, or head of household), age.


2024 Standard Deduction Single Over Age 65

In 2024, the standard deduction is $14,600 for singles, $29,200 for joint filers, and $21,900 for heads of household. For single filers and heads of households age 65 and over, the additional standard deduction will increase slightly โ€” from.

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