Standard Tax Deduction 2024 Over 65 . The additional standard deduction for 2024 is $1,950 (up $100 from 2023). In this article, we'll look into what the standard deduction entails for individuals over 65 in 2024 and 2025, how it differs from standard deductions for younger taxpayers, and.
The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750. If you file as single or head of household, and you’re either 65 or older or blind, you can claim an additional standard deduction of $1,950 for the 2024 tax year.
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