Standard Deduction 2024 Over 65 Joint. Seniors over age 65 have access to an additional $1,850 standard deduction on top of their base rate, which helps reduce taxable income and gives them more financial. You are considered age 65 on the day before your 65th.
If you don’t itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. You are considered age 65 on the day before your 65th.
