2024 Standard Deduction

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2024 Standard Deduction

2024 Standard Deduction. If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household. If you’re looking ahead to your 2024 taxes—as wise taxpayers should—you’ll want to check on your 2024 standard deduction.


2024 Standard Deduction

That’s a $750 increase over 2023. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.

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