Standard Deduction 2024 Over 65 Mfj. โ the standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or. Section 63(c)(2) provides the standard deduction for use in filing individual income tax returns.
You’re considered to be 65 on the day before your 65th birthday (for tax year 2023, you’re considered to be 65 if you were born before january 2, 1959). Married filing joint (mfj) or surviving spouse $29,200.
