Standard Tax Deduction 2024 Married Over 65. 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. For 2024, that extra standard deduction is $1,950 if you are single or file as head of household.
Depending on your tax rate and filing status, you’ll owe. The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse).