Irs Standard Deduction Tax Year 2024 Over 65. In the tax year 2024, the additional standard deduction for those 65 and up is $1,950 for single filers or heads of households and $1,550 per qualifying individual if they are. If you are both, you get double the.
Learn how it affects your taxable income and any limits on claiming it. $3,700 if you are single or filing as head of household $3,000 per qualifying individual if you are.