Standard Tax Deduction 2024 Over 65. For those filing head of household, the standard deduction will be $21,900 for tax year 2024 (up $1,100 from tax year 2023). Single filers and married filing separately:


Standard Tax Deduction 2024 Over 65

For 2025, inflation adjustments raised the standard deduction amounts. 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, married filing.

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Standard Tax Deduction 2024 Over 65