There is no exemption from taxes based on age on a federal tax return. Some states have retirement income exclusions.
You do receive an extra amount added to your federal standard deduction if you are age 65 or older.
Standard deductions for 2017
- Single - $6,350 add $1,550 if age 65 or older
- Married Filing Separately - $6,350 add $1,250 if age 65 or older
- Married Filing Jointly - $12,700 add $1,250 for each spouse age 65 or older
- Head of Household - $9,350 add $1,550 if age 65 or older
