2024 Standard Deduction Amount Seniors. People who are age 65 and over have a higher standard deduction than. 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.
In total, a married couple 65 or older would have a standard deduction of $32,300. The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or.