We are 69 & 71 yet our deduction is coming up 34,700 - this does not seem correct.

jwoehlekew — Fri, 27 Feb 2026 21:16:26 GMT

Taxpayers who are 65 years or older or blind can claim an additional standard deduction. For 2025, this additional amount is: $2,000 for single filers or heads of household $1,600 for each spouse in a married couple filing jointly Moreover, under the new tax law, seniors may also qualify for a temporary bonus deduction of up to $6,000 per person, which can be added to the standard deduction

Re: We are 69 & 71 yet our deduction is coming up 34,700 - this does not seem correct.

DoninGA — Fri, 27 Feb 2026 21:17:56 GMT

If you are filing as Married Filing Separately you are not eligible for the deduction. If you are Single and your AGI is over $150,000 or Married Filing Jointly and your AGI is over $250,000 you are not eligible for the deduction.

If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.

Standard deductions for 2025

Single - $15.750 add $2,000 if age 65 or older
Married Filing Separately - $15,750 add $1,600 if age 65 or older
Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older
Head of Household - $23,625 add $2,000 if age 65 or older

New Bonus Standard Deduction (OBBB):
An additional $6,000 deduction for taxpayers 65 and older.
This is per eligible individual, meaning a married couple both over 65 could get $12,000.
Important: This bonus deduction is temporary, lasting from 2025 through 2028.
Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.

The amount is calculated on Schedule 1-A, Part V, with that amount flowing to Form 1040 Line 13b

Look at your Form 1040 -

You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

Re: We are 69 & 71 yet our deduction is coming up 34,700 - this does not seem correct.

VolvoGirl — Fri, 27 Feb 2026 21:21:31 GMT

If you are looking for the full $46,700 (34,700+12,000) it should be on 1040 line 14.

topic We are 69 & 71 yet our deduction is coming up 34,700 - this does not seem correct. in Get your taxes done using TurboTax

We are 69 & 71 yet our deduction is coming up 34,700 - this does not seem correct.

Re: We are 69 & 71 yet our deduction is coming up 34,700 - this does not seem correct.

Re: We are 69 & 71 yet our deduction is coming up 34,700 - this does not seem correct.