What happens if I'm older than 65?
If you are age 65 or older, you are eligible for an extra exemption that gives you a larger Standard Deduction.
Beginning in 2025 through 2028, you may also qualify for an additional $6,000 deduction whether you take the standard deduction or itemize. If you're married and both you and your spouse are 65 or older, each of you may qualify for the additional deduction. This deduction is in addition to the extra exemption that increases your standard deduction.
The software will automatically calculate the adjusted Standard Deduction and additional deduction based off the birth date you enter on the Taxpayer Information and Spouse Information screens.
Beginning in 2025 through 2028, you may also qualify for an additional $6,000 deduction whether you take the standard deduction or itemize. If you're married and both you and your spouse are 65 or older, each of you may qualify for the additional deduction. This deduction is in addition to the extra exemption that increases your standard deduction.
The software will automatically calculate the adjusted Standard Deduction and additional deduction based off the birth date you enter on the Taxpayer Information and Spouse Information screens.
