What Is the IRS Deduction for People Over 65?

What Is the IRS Deduction for People Over 65?
A senior couple with their financial advisor.

By the Numbers

As of 2013, the standard deduction increased from $6,100 to $7,600 when a taxpayer reached age 65 and filed as a single. A married person filing a joint return saw the deduction go from $12,200 to $13,400. If you filed separately, it jumped from $6,100 to $7,300 or $8,500. If your spouse was also 65, the standard deduction became $14,600. Qualifying widowers and widows with dependants could claim $13,400. If you could claim head of household, the standard deduction went from $8,950 to $10,450.