Standard Deduction For 2024 Tax Year Over 65. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. Near the end of each year, the irs issues a revenue.

Seniors over age 65 have access to an additional $1,850 standard deduction on top of their base rate, which helps reduce taxable income and gives them. The basic standard deduction in 2024 and my estimate for 2025 are: