2024 Standard Deduction Over 65 Mfj

2024 Standard Deduction Over 65 Mfj. ‎october 9, 2024 2:28 pm If you are age 65 or older, your standard deduction increases by $1,700 if you file as single or head of household.

The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts. It’s called the extra standard deduction, exclusively for people who are 65 years and older by the end of the tax year.