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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
You are looking at the Standard Deduction for tax year 2024. Tax year 2024 does not complete until after 12/31/2024. Tax year 2023 is the tax year being reported in calendar year 2024.
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