Standard Deduction 2024 Over 65 Mfj. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an. $3,700 if you are single or filing as head of household.

People who are age 65 and over have a higher standard deduction than the basic standard deduction. Tax year 2023 standard deduction amounts (filed in 2024) 2023 standard deduction amounts: