Standard Deduction 2024 Married Filing Jointly Over 65

Standard Deduction 2024 Married Filing Jointly Over 65. When you turn 65, you become eligible for an additional standard deduction on top of the regular standard deduction. For tax year 2023, you're considered 65 if you were born before jan.

When former president donald trump overhauled the u.s. 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.