2024 Tax Brackets And Standard Deductions Over 65. The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or. The internal revenue service adjusts federal income tax brackets annually to account for inflation, and the new brackets can help you estimate your tax obligation.

Here’s a look at the projected numbers for the tax year 2024, beginning jan. Single or married filing separately: