Standard Deduction 2024 Over 65 Married. The standard deduction for 2023 is: The amount of the additional standard deduction varies depending on filing status;
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. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.