Standard Deduction 2024 For Seniors Single. 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 couples filing jointly and. Single or married filing separately—$13,850.
Your standard deduction consists of the sum of the basic standard. Each year, the irs adjusts standard deduction amounts for inflation (similar to its tax rate brackets, maximum 401k.