RogerD1
Employee Tax Expert

Tax law changes

Schedule 1-A is the IRS form that is used to calculate the Enhanced Deduction for Seniors in Part V.  The form is here:  Schedule 1-A.

 

Line 31 of the form uses your income - in your case $180,000

Line 32 is the beginning of the phaseout range - for you $150,000

Line 33 is line 32 minus line 31 or $30,000

Line 34 you multiply line 33 by 0.06 which is $1800

Line 35 you subtract line 34 from $6,000 to get $4,200

Line 36a is line 35 if you are 65 or older - or $4,200

Line 36b is 0 if you are single or is the same as line 36a if you are married filing jointly and your spouse has a valid SSN - in your case this would also be $4,200

Your enhanced deduction for seniors is the sum of line 36a and 36 which would be $8,400

 

So if your senior deduction is calculated at $8,400 for an income of $180,000, then it is correct.