Standard Deduction 2024 Single. (2024 filing season for 2023 taxes) if tcja expires (2027 filing season for 2026 taxes) total number of returns: People 65 or older may be eligible for a higher amount.

The standard deduction in 2024 is $14,600 for individuals, $29,200 for joint filers, and $21,900 for heads of households. Here are the standard deduction amounts set by the irs: