Irs Standard Deduction 2024 Senior Over 65. The standard deduction amounts for 2024 are $14,600 for single filers, $29,200 for joint filers, and $21,900 for heads of household. The amt exemption rate is also adjusted for inflation.
The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). $3,700 if you are single or filing as head of household $3,000 per qualifying individual if you are married, filing.