2024 Standard Deduction Over 65 Irs

2024 Standard Deduction Over 65 Irs. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023; 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.

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. Taxpayers get a higher standard deduction when they turn 65 or are blind.