Standard Deduction 2024 Age 65. For single filers and heads of households age 65 and over, the additional standard deduction will increase slightly — from $1,950 in 2024 (returns you’ll file soon in early 2025) to. In 2024, the standard deduction is worth $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household.

In 2024, the standard deduction is worth $14,600 for single filers, $29,200 for joint filers and $21,900 for heads of household. Whether you or your spouse is at least 65 years old;