Standard Deduction 2024 Over 65 Single
Standard Deduction 2024 Over 65 Single. The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. That means a single taxpayer 65 or older (or who is blind) can claim a total standard deduction of $16,550 on their 2024 federal tax return.
That means a single taxpayer 65 or older (or who is blind) can claim a total standard deduction of $16,550 on their 2024 federal tax return. Ellen’s standard deduction for 2024, assuming no changes, would be $16,550: