2024 Tax Changes For Seniors. The standard deduction for those over age 65 in tax year 2023 (filing in 2024) is $15,700 for singles, $29,200 for married filing jointly if only one partner is over 65 (or $30,700. The irs has announced that there will be a 5.4% bump in income thresholds to.

Some washington lawmakers are voting to change that. With the april 15 th, 2024, deadline for filing your 2023 tax return looming up ahead, it’s important for seniors to understand options for lowering the amount you may owe to.