topic Shouldn't we be entitled to the 2023 Standard Deduction of $32,300 for a couple over 65 filing jointly? in Get your taxes done using TurboTax

Shouldn't we be entitled to the 2023 Standard Deduction of $32,300 for a couple over 65 filing jointly?

spencerkyim-gmai — Tue, 10 Feb 2026 10:50:00 GMT

My wife and I are in our 70s.

Tate Heart — Sat, 24 Feb 2024 23:30:31 GMT

The standard deduction for married filing jointly and both over 65 is $30,700

DianeW777 — Sun, 25 Feb 2024 00:02:37 GMT

The standard deduction 2023:

For single taxpayers and married individuals filing separately, the Standard Deduction is $13,850 in 2023.

For married couples filing jointly is $27,700, and 

For heads of households, the Standard Deduction is $20,800

If you're at least 65 years old or blind, you can claim an additional deduction in 2023 of:

If you're both 65 and blind, the additional deduction amount is doubled.

DoninGA — Sun, 25 Feb 2024 00:06:05 GMT

You are referring to the 2024 Standard Deduction which will be entered on a 2024 tax return that is filed next year, in 2025.