Standard Deduction 2024 Married Jointly 65 Years. People 65 or older may be eligible for a higher amount. The standard deduction for 2024 is $14,600 for single filers, $29,200 for joint filers, and $21,900 for heads of household.

For married couples filing jointly, the additional amount is $1,400 per spouse if both spouses are 65 or older, $2,800 if both spouses are 65 or older and blind, and $3,500 if both. The amount is adjusted for inflation each year, and varies based on the taxpayers filing status (single, married filing jointly, married filing separately, or head of household), age.