2024 Standard Deduction Over 65 Vs Itemized. Single taxpayers or head of household filers who are 65 and older can take an additional standard deduction of $1,850 on top of the standard amount. You don’t pay federal income tax on every dollar of your income.

For ty 2024 (returns due in april 2025), the standard deduction amounts are: Single taxpayers or head of household filers who are 65 and older can take an additional standard deduction of $1,850 on top of the standard amount.