What Is The Standard Deduction For 2024 Taxes Over 65. How to file your taxes: The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household.

Individuals under 65 at the end of 2023 have to file a federal return in 2024 if their income last year was at least $13,850 ($20,800 for taxpayers filing as head of. If you are 65 or older and blind, the 2023 extra standard deduction is $3,700 if you are single or filing as head of household.