Standard Deduction 2024 Mfj Over 65 . The additional standard deduction for people who are 65 or older is $1,950 for single filers or heads of household, and $1,550 for married couples filing jointly. The personal exemption for 2024 remains at $0.
The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. $3,000 per qualifying individual if you are.
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2024 Standard Deductions And Tax Brackets Latia Jacquie , You're considered to be 65 on the day before your 65th birthday (for tax year 2023, you're considered to be 65 if you were born before january 2, 1959).