2024 Standard Tax Deduction For Seniors. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. Taxpayers who are age 65 or older can claim an additional standard deduction, which is added to.
You can also itemize individual tax deductions, for things like charitable donations, but they need to add up to more than. The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household.