2024 Standard Deduction Married Joint Over 65. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2). For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married.

For the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023. Seniors over age 65 may claim an additional standard deduction.