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If you don't itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. You are considered age 65 on the day before your 65th birthday. Therefore, you can take a higher standard deduction for 2023 if you were born before January 2, 1959.
For 2023 (e.g., if you haven't filed yet due to a tax deadline extension), the standard deduction amounts were $13,850 for single and for those who are married, filing separately; $27,700 for...
Standard deductions for taxpayers over 65. Taxpayers get a higher standard deduction when they turn 65 or are blind. If you are both, you get double the additional deduction.
* If you were born before January 2, 1959, you're considered to be 65 or older at the end of 2023. (If your spouse died in 2023, see Death of spouse, later. If you're preparing a return for someone who died in 2023, see Death of taxpayer, later.) ** Gross income means all income you receive in the form of money, goods,
Taxpayers who blind and/or are age 65 or older can claim an additional standard deduction, an amount that’s added to the regular standard deduction for their filing status. Navigating the...
Taxpayers who are blind or at least age 65 can claim an additional standard deduction of $1,500 per person for 2023 (up from the $1,400 in tax year 2022) or $1,850 if they are unmarried and not a surviving spouse.
For 2023 (tax returns typically filed in April 2024), the standard deduction amounts are $13,850 for single and for those who are married, filing separately; $27,700 for those married filing jointly and qualified widowers; and $20,800 for head of household.
For taxpayers 65 or older, you can add $1,500 to your standard deduction for 2023 if you are married. This increases to $1,850 if you are unmarried or a surviving spouse (age 65 or older in...
For tax year 2023, you're considered 65 if you were born before Jan. 2, 1959, the IRS said. If you or your spouse were also legally blind by year's end or have a doctor's note explaining...
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 if both are...