What Is The Standard Deduction For 2024 Over 65

What Is The Standard Deduction For 2024 Over 65. The standard deduction amounts for 2023 are $27,700 if you’re married filing jointly (an increase of $1,800 from 2022), $20,800 for heads of households (a $1,400 gain) and. For taxable years beginning in 2025, the additional standard deduction amount under § 63(f) for the aged or the blind is $1,600.

For 2023 (tax returns typically filed in april 2024), the standard deduction amounts are $13,850 for single and for those who are married, filing separately; For 2024, the standard deduction is $14,600 for single filers and $29,200 for married filing joint filers.