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June 6, 2019
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I give up trying to talk to tax expert. Not a user friendly service. Why would my standard deduction be $26,600 and not $24,000 calculated by Turbo Tax

  • June 6, 2019
  • 2 replies
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Best answer by xmasbaby0

If you and your spouse are 65 or older then each of you has an additional $1300 added to your standard deduction.


2018 Standard Deductions:

Single   $12,000  (+ $1600 65 or older)

Married Filing Separately    $12,000  (+ $1300 65 or older)

Married Filing Jointly  $24,000  (+ $1300 each spouse 65 or older)

Head of Household  $18,000  (+ $1600 65 or older

Look at line 8 of your Form 1040 to see your standard or itemized deductions.


2 replies

xmasbaby0Answer
Employee
June 6, 2019

If you and your spouse are 65 or older then each of you has an additional $1300 added to your standard deduction.


2018 Standard Deductions:

Single   $12,000  (+ $1600 65 or older)

Married Filing Separately    $12,000  (+ $1300 65 or older)

Married Filing Jointly  $24,000  (+ $1300 each spouse 65 or older)

Head of Household  $18,000  (+ $1600 65 or older

Look at line 8 of your Form 1040 to see your standard or itemized deductions.


**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Employee
June 6, 2019

Extra $1300 for each spouse 65 or older.