Standard Deduction 2024 For Seniors Over 65. You're considered to be 65 on the day before your 65th birthday (for. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.
The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750. The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts.