Standard Tax Deduction 2024 For Seniors Over 60. The standard deduction amounts for 2024 have increased to $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. Gather all of your earnings paperwork, tax credits and finally deduction information.

Gather all of your earnings paperwork, tax credits and finally deduction information. 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 both are.