How Much Is The Standard Deduction For 2024 Over 65. If you are 65 or older or blind, you can claim an additional standard deduction. The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed.


How Much Is The Standard Deduction For 2024 Over 65

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. The exact amount of deduction depends.

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