2024 Standard Deduction Over 65 Married Joint

2024 Standard Deduction Over 65 Married Joint. For taxable years beginning in 2024, the standard deduction amount under § 63(c)(5) for an individual who may be claimed as a dependent by another taxpayer. Find the current tax rates for other filing statuses.

The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). 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.