2024 Standard Deduction Married Both Over 65 . For 2023, the standard deduction amount has been increased for all filers. The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns.
The standard deduction for your 2023 tax return —which is filed in 2024—is $13,850 for single or married filing separately taxpayers, $27,700 if you’re married filing. The standard deduction for those over age 65 in tax year 2023 (filing in 2024).
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