Standard Deduction 2024 Over 65 Joint. 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. The standard deduction โ€” which is the amount of money you can reduce from your income before it's taxed, if you choose not to itemize your deductions โ€” will increase to $15,000 for.


Standard Deduction 2024 Over 65 Joint

If you are 65 or older or blind, you can claim an additional standard deduction. A person is considered to reach age 65 on the day before his or her 65th birthday.

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