Standard Deduction 2024 Married Jointly 65 And Above

Standard Deduction 2024 Married Jointly 65 And Above. Married couples filing jointly will see a deduction of $29,200, a boost of $1,500 from 2023, while heads of household will see a jump to $21,900 for heads of household, an. Last year (2023), the additional standard deduction was $1,850.

The top tax rate will remain. People 65 or older may be eligible for a higher amount.