Standard Deduction 2024 For Seniors Over 65. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750. 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.
Higher standard deduction for age (65 or older). If you are married and filing jointly or separately, and either you or your spouse is 65 or older or blind, you can each claim an extra standard deduction of $1,550 for the 2024 tax.
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