Standard Deduction 2024 Over 65 Filing Joint. Single filers will see an increase of $750 and joint filers will receive a $1,500 bump in their standard deduction. The amount of the additional standard deduction varies depending on filing status;
For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; 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.
Standard Deduction 2024 Over 65 Filing Joint Images References :