2024 Standard Deduction Over 65 Mfj

2024 Standard Deduction Over 65 Mfj. Find the current tax rates for other filing statuses. Married couples filing jointly will see a deduction of $29,200, a boost of $1,500 from 2023, while heads of household will see a jump to $21,900 for heads of household, an increase of $1,100 from.

A person is considered to reach age 65 on the day before his or her 65th birthday. People who are 65 or older can take an additional standard deduction of $1,950 for single and head of household filers and $1,550 for married filing jointly, married filing.