Standard Deduction 2024 Over 65 Mfj. If you don't itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. 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 if both are.
These are not the tax rates and other numbers for 2023 (you’ll find the official. The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a.
Standard Deduction 2024 Over 65 Mfj Images References :