How Much Is The Standard Deduction For 2024 Over 65

How Much Is The Standard Deduction For 2024 Over 65. For those filing head of household, the standard deduction will be $21,900 for tax year 2024 (up $1,100 from tax year 2023). Additional standard deduction if over age 65 $1,950.

The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). For single filers and heads of households age 65 and over, the additional standard deduction will increase slightly — from $1,950 in 2024 (returns you’ll file soon in early 2025) to.