Irs Standard Deduction 2024. The standard deduction for taxpayers who don't itemize their deductions on schedule a (form 1040) is higher for 2023 than it was for 2022. Taxpayers who are 65 and older, or are blind, are eligible for an additional standard deduction.

For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows. Starting at that point, each additional dollar of provisional income causes another.