2024 Standard Deduction Mfj Over 65. The standard deduction for taxpayers over the age of 65 is higher than for younger taxpayers, acknowledging the unique financial challenges faced by this age group. Taxpayers who are age 65 or older can claim an additional standard deduction, which is added to.

Each joint filer 65 and over can increase the standard deduction by $1,550 apiece, for a total of $3,100 if. The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or.