2024 Standard Deduction Amount Over 65

2024 Standard Deduction Amount Over 65. Seniors over age 65 have access to an additional $1,850 standard deduction on top of their base rate, which helps reduce taxable income and gives them. The standard deduction for seniors over 65 is $27,300 for married couples filing jointly and $14,700 for single filers.

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. The additional standard deduction amount for 2024 is $1,550.