Standard Deduction 2024 Age 68 . Higher standard deduction for age (65 or older). If you are 65 or older or blind, you can claim an additional standard deduction.
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. The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns.
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