Standard Deduction For 2024 Tax Year Over 65. 2024 standard deduction over 65 the additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse). Standard deduction 2024 if at least 65.

If you don’t itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. Depending on your tax rate and filing status, you’ll owe different amounts on different parts of your income depending on your taxable income.