Standard Tax Deduction 2024 Single Over 65 . For 2023, she’ll get the regular standard deduction of $13,850, plus one additional standard deduction of $1,850 for being a single filer over age 65. For 2023, the federal standard deduction for single filers was $13,850, for married filing jointly it was $27,700 and for the head of household filers, it increased to $20,800.
For 2023, she’ll get the regular standard deduction of $13,850, plus one additional standard deduction of $1,850 for being a single filer over age 65. The standard deduction is a predetermined amount that reduces your taxable income, lowering the income subject to tax.
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