2024 Standard Deduction Married Joint Over 65. In tax year 2024, the standard deductions are as follows: For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.

The additional standard deduction for people who are 65 or older is $1,950 for single filers or heads of household, and $1,550 for married couples filing jointly. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for.