2024 Irs Standard Deduction Over 65 Age. Depending on your tax rate and filing status, you’ll. 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.
The additional standard deduction amount for 2024 is $1,550. The standard deduction is a specific dollar amount that reduces the amount of income on which you’re taxed.