You are looking at the Standard Deduction for tax year 2024.
The Standard Deduction for 2023 for two seniors age 65 or older and filing as Married Filing Jointly is $30,700
Standard deductions for 2023
Single - $13,850 add $1,850 if age 65 or older
Married Filing Separately - $13,850 add $1,500 if age 65 or older
Married Filing Jointly - $27,700 add $1,500 for each spouse age 65 or older
Head of Household - $20,800 add $1,850 if age 65 or older
