Irs Standard Deduction 2024 For Seniors. Single or married filing separately—$13,850. People who are age 65 and over have a higher standard deduction than the basic standard deduction.
Depending on your tax rate and filing status, you’ll owe different amounts on different parts of your income depending on your taxable income. If you are a single senior over the age of 65, you can claim an additional standard deduction of $1,950, married seniors are entitled to an additional $1,550.