2024 Standard Deduction Over 65 Jointly

2024 Standard Deduction Over 65 Jointly. You can claim a standard deduction to reduce your taxable income as well as an additional deduction if you are age 65 or older and/or blind. If you don't itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year.


2024 Standard Deduction Over 65 Jointly

The additional standard deduction amount will increase to $1,950 if the individual is unmarried and not a surviving. The basic standard deduction in 2024 and my estimate for 2025 are:

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