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Get your taxes done using TurboTax
There are no senior tax deductions on a federal tax return. If you are age 65 or older there is an increase in the Standard Deduction
Standard deductions for 2023
Single - $13,850 add $1,850 if age 65 or older
Married Filing Separately - $13,850 add $1,500 if age 65 or older
Married Filing Jointly - $27,700 add $1,500 for each spouse age 65 or older
Head of Household - $20,800 add $1,850 if age 65 or older
‎January 23, 2024
10:29 AM