Standard Deduction For 2024 Married Jointly Over 60. The irs has released higher federal tax brackets for 2024 to adjust for inflation. If you are 65 or older and blind, the 2023 extra standard deduction is $3,700 if you are single or filing as head of household.
You can take an additional $1,550 standard deduction in 2024 ($1,500 in 2023) for each person who’s 65 or older, or blind. $3,000 per qualifying individual if you are married, filing jointly or separately.