2024 Standard Deduction Single Over 65. If you are age 65 or older, you may increase your standard deduction by $1,950 if you file single or head of household. Per the irs, the standard deduction amount for tax year 2023 (filed in 2024) is $13,850 for single filers, $27,700 for married couples and $20,800 for heads of household.
The standard deduction is a specific dollar amount that reduces the amount of income on which you’re taxed. The standard deduction for seniors over 65 is $27,300 for married couples filing jointly and $14,700 for single filers.