Standard Deduction For 2024 Over 65 Married. You're considered to be 65 on the day before your 65th birthday (for tax year 2023, you're considered to be 65 if you were born before january 2, 1959). โ 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 $30,700 if both are).
โ 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. โ people who are 65 or older can take an additional standard deduction of $1,950 for single and head of household filers and $1,550 for married filing jointly,.
Standard Deduction For 2024 Over 65 Married Images References :