The standard deduction for tax year 2023 on your TurboTax return was correct.
In 2023, the standard deduction for a couple filing jointly was $27,700. The additional deduction is $1,500 per person aged 65 and over is $1,500. So $27,700 + $1,500 +$1,500 = $30,700.
For 2024, the standard deduction has increased to $29,200. The additional deduction has increased to $1,550 per person. So your standard deduction for 2024 is $32,300 ($29,200 + $1,550 + $1,550).
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