Single Filer Standard Deduction 2024

Single Filer Standard Deduction 2024. The head of household filing status seems to be much like a single filer except you get a few higher amounts, like a $21,900 standard deduction versus the single filer’s $14,600 deduction. The standard deduction for tax year 2024 is $14,600 for singles, $29,200 for joint filers and $21,900 for heads of household.

Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).