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July 16, 2020
Question

I turned 65 12/31/2019. Why am I not getting more on standard deduction

  • July 16, 2020
  • 1 reply
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Why am I not getting the higher standard deduction
now I am 65 as 12/31/2019?

1 reply

Employee
July 16, 2020

Check My Info to make sure your date of birth is entered correctly.

 

2019 Standard Deduction Amounts

 

Single $12,200   (+ $1650 65 or older)

Married Filing Separate  $12,200   (+ $1300 if 65 or older)

Married Filing Jointly $24,400   (+ $1300 for each spouse 65 or older)

Head of Household $18,350  (+ $1650 for 65 or older)

 

Look on line 9 of your 2019 Form 1040 to see your itemized/standard deduction amount

**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.**