2024 Standard Deduction Married Joint Over 65. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an. This deduction also cannot be claimed if modified adjusted gross income exceeds the annual limits.
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. Citizen or resident alien at the end of the tax year and make a joint election with your spouse to be treated as a u.s.
