Standard Deduction 2024 Over 65 Mfj. In addition, taxpayers who are age 65 and older, as well as those who are blind, can claim an additional $1,550 in 2024. Each year, the irs adjusts standard deduction amounts for inflation (similar to its tax rate brackets, maximum 401k and maximum.


Standard Deduction 2024 Over 65 Mfj

If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.

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