Irs Standard Deduction 2024 Head Of Household. The standard deduction for taxpayers who do not itemize deductions on form 1040, schedule a, has increased. There's a larger standard deduction for people filing as head of household.

People who are 65 or older can take an additional standard deduction of $1,950 for single and head. If you qualify to file as head of household, instead of as married filing separately, your tax may be lower, you may be able to claim certain tax benefits, and your standard deduction will be higher.