2024 Standard Deduction Single Over Age 65. $1,500 for married taxpayers (per. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to $61,150.

Standard deduction 2024 over 65 single sonia eleonora, 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. For those filing head of household, the standard deduction will be $21,900 for tax year 2024 (up $1,100 from tax year 2023).