2024 Standard Deduction Over 65 Married. For tax year 2024, the standard deduction is $29,200 for married couples and $14,600 for individuals; Find the 2024 tax rates.
The irs allows every taxpayer, based on your filing status, to deduct a flat dollar amount from your adjusted gross income (agi). 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.
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