Ardeen Lucille

Irs Standard Deduction 2024 Over 65 Single. The standard deduction for married couples. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of.

If you don’t itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. Each year, the irs adjusts standard deduction amounts for inflation (similar to its tax rate brackets , maximum.