2024 Standard Tax Deduction Amount Over 65

2024 Standard Tax Deduction Amount Over 65. If you are both 65 or older and blind, the additional deduction amount is doubled totaling $3,900 (up $200 from 2023) for single persons (or head of household) and $3,100 (up $100 from 2023) per individual that is. For single filers and heads of households age 65 and over, the additional standard deduction will increase slightly — from $1,950 in 2024 (returns you’ll file soon in early 2025) to.

Tax year 2024 standard deduction amounts (filed in 2025) 2024 standard deduction amounts: Seniors over age 65 have access to an additional $1,850 standard deduction on top of their base rate, which helps reduce taxable income and gives them more financial.