2024 Standard Deduction Over 65 Jointly. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to. You can claim a standard deduction to reduce your taxable income as well as an additional deduction if you are age 65 or older and/or blind.

$3,000 per qualifying individual if you are. The additional standard deduction for 2024 is $1,950 (up $100 from 2023) per single person (or head of household) or $1,550 (up $50 from 2023) per qualifying.