Standard Deduction 2024 Single. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. Per the irs, the standard deduction amount for tax year 2023 (filed in 2024) is $13,850 for single filers, $27,700 for married couples and $20,800 for heads of household.
Your standard deduction consists of the sum of the basic standard deduction and. $14,600 for single individuals and married individuals filing.
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