Standard Deduction 2024 Single. People 65 or older may be eligible for a higher amount. Standard deduction amounts (2024) kelly phillips erb also, for 2024, it's predicted that the standard deduction for an individual who may be claimed as a.

For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows. If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household.