2024 Fed Tax Standard Deduction For Seniors. People who are age 65 and over have a higher standard deduction than. Your standard deduction is limited when someone else claims you as a dependent on their tax return.
The marginal rates — 10%, 12%, 22%, 24%, 32%, 35% and 37% — remain unchanged from 2023. If you’re married and filing jointly or separately, add $1,500 per qualifying.