What Is The Standard Deduction For 2024 Hoh. 2024 amounts 2024 standard deduction over 65. If a hypothetical couple with an adjusted gross income (agi) of $129,200 takes the married filing jointly 2024 standard.
The standard deduction for taxpayers who don’t itemize their deductions on schedule a (form 1040) is higher for 2023 than it was for 2022. People who are age 65 and over have a higher standard deduction than the basic standard deduction.