Standard Deduction 2024 Married Jointly 65 Years Old. The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts. For 2025, the standard deduction will rise by $400 to $15,000 for single filers, $800 to $30,000 for married couples filing jointly, and $600 to $22,500 for heads of household.

People who are 65 or older can take an additional standard deduction of $1,950 for single and head of household filers and $1,550 for married filing jointly, married filing. The personal exemption for 2024 remains at $0 (eliminating the personal exemption was part of the tax cuts.