LaShaunA3
Employee Tax Expert

Business & farm

As long as you meet the qualifications for the senior deduction, it is automatically applied to your tax return. You don't need to enter anything into Schedule 1-A. The software will apply the correct deduction. 

 

Qualifications:

  • Age: You must be 65 or older by the end of the tax year (e.g., born before Jan 2, 1961, for 2025 returns).
  • Income Limits: Your Modified Adjusted Gross Income (MAGI) must be below certain thresholds (e.g., $175k single, $250k joint for 2025), with deductions phasing out above those levels.
  • Benefit: Up to $6,000 (single) or $12,000 (joint) Additional standard deduction to reduce taxable income. 
  • The deduction phases out for taxpayers with modified adjusted gross income over $75,000 ($150,000 for joint filers).

 

Once applied, you can see the information for the Senior Deduction is reflected on Schedule 1A, Part V, Line 37



 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"