Standard Tax Deduction 2024 Married Over 65. For 2024, that extra standard deduction is $1,950 if you are single or file as. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an.
The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving. 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.
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