Standard Deduction For 2024 And 2024 Over 65. This higher deduction helps to offset some of the increased costs that seniors face, such as healthcare and prescription drugs. This section also discusses the standard deduction for taxpayers who are blind or age 65 or older, as well as special rules that limit the standard deduction available to dependents.

$3,000 per qualifying individual if you are married, filing jointly. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for heads of household.