Standard Tax Deduction 2024 Single Over 65

Standard Tax Deduction 2024 Single Over 65. $3,700 if you are single or filing as head of household $3,000 per qualifying individual if you are married, filing. Learn how it affects your taxable income and any limits on claiming it.


Standard Tax Deduction 2024 Single Over 65

The standard deduction for a single person will go up from $13,850 in 2023 to $14,600 in 2024, an increase of 5.4%. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.

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