Standard Deduction 2024 Married Jointly 65 And Above. 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 $30,700 if. The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed.
$29,200 for those married filing. Whether you are single or married is determined at the end of your tax year, which is december 31 for most taxpayers.
