What Is The Standard Deduction For 2024 Hoh. For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows. The additional standard deduction amount will increase to $1,950 if the individual is.
Here are the standard deduction amounts set by the irs: If you are 65 or older and blind, the extra standard deduction for 2024 is $3,900 if you are single or filing as head of household.