2024 Single Standard Deduction Amount. Here are the standard deduction amounts set by the irs: With our tax system, your income is reduced by your deductions.
For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married. If you are 65 or older or blind, you can claim an additional standard deduction.