Standard Deduction For 2024 Single Over 65. 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. You can also itemize individual tax deductions, for things like charitable.
Single filers will see an increase of $750 and joint filers will receive a $1,500 bump in their standard deduction. You can claim a standard deduction to reduce your taxable income as well as an additional deduction if you are age 65 or older and/or blind.