Irs Standard Deduction 2024 Over 65 Single. The 2024 standard deduction is $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. Find the current tax rates for other filing statuses.
The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. Irs 2024 standard deduction for seniors brier carissa, this higher deduction helps to offset some of.