Mavis Shirley

2024 Standard Deduction Over 65 Chart. For many americans, taking the standard deduction is the simplest way to reduce their tax rate. Learn about tax benefits and special rules for older taxpayers, such as standard deduction, earned income credit, and retirement plans.

Find out the standard deduction amounts for different filing statuses and age groups in 2024 and 2025. Rate married filing jointly single individual head of household married filing separately;