Rose Wandis

Standard Tax Deduction 2024 Single Over 65. Ellen’s standard deduction for 2024, assuming no changes, would be $16,550: The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).

Seniors over age 65 can claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. 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.