2024 Standard Tax Deduction For Single. For the 2023 tax year, the additional standard deduction amounts are $1,850 for single filers or heads of household and $1,500 for married filers or qualifying widow(er)s. The irs on thursday announced higher federal income tax brackets and standard deductions for 2024.

Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. The joint committee on taxation estimates that extending current individual tax rules for another 10 years (the “budget window”) would increase “primary.