Standard Deduction 2024 For Seniors Over 65. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). The standard deduction for seniors over 65 is $27,300 for married couples filing jointly and $14,700 for single filers.

By utilizing this tax benefit, senior taxpayers can enjoy financial relief, making it easier to manage their expenses and maintain a comfortable standard of living. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers.