2024 Standard Deduction For Seniors Over 65. For seniors over the age of 65, the standard deduction is higher than it is for other taxpayers. People who are age 65 and over have a higher standard deduction than the basic standard.

For 2024, the limit is $1,300 or your earned income, plus $450, whichever is greater. For seniors over the age of 65, the standard deduction is higher than it is for other taxpayers.