Standard Deduction 2024 Age 65. For 2023, the federal standard deduction for single filers was $13,850, for married filing jointly it was $27,700 and for the head of household filers, it increased to. Each joint filer 65 and over can increase the standard deduction by $1,550 apiece, for a total of $3,100 if.
The 2024 standard deduction is increased to $29,200 for married individuals filing a joint return; For 2024, that extra standard deduction is $1,950 if you are single or file as.