2024 Standard Deduction Over 65 Jointly. 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. Taxpayers get a higher standard deduction when they turn 65 or are blind.
And for heads of households, the standard deduction will be $21,900 for tax year 2024, an increase of. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to $61,150.
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