Standard Deduction 2024 Over 65 Mfj. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. You can claim a standard deduction to reduce your taxable income as well as an additional deduction if you are age 65 or older and/or blind.
The additional standard deduction amount will increase to $1,950 if the individual is unmarried and not a. The additional standard deduction for the aged or the blind will be $1,550.