Standard Deduction For 2024 Single

Standard Deduction For 2024 Single. Seniors over age 65 may claim an additional standard deduction. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household.

If you are 65 or older or blind, you can claim an additional standard deduction. The internal revenue service (irs) adjusts tax brackets for inflation each year, and because inflation remains high, it’s possible you could fall into a lower bracket.