2024 Standard Deduction Single. Your standard deduction — the amount you can use as a deduction on your 1040 tax return without itemizing — will also be higher. If you’re filing as single or married filing separately, you can deduct $13,850 for tax year 2023 (and $14,600 for.

Seniors over age 65 may claim an additional standard deduction. In 2024, the standard deduction will be $750 higher for most single filers and $1,500 higher for most married couples filing jointly.