What form do you recommend for taking the standard deduction and not itemizing my deductions?

bobcleminson36 — Sat, 01 Jun 2019 15:10:35 GMT

I'm 83 yrs old and understand that I'm entitled to a higher standard deduction!

Yes, you are correct, taxpayers over the age of 65 can ad...

Rachel_W — Sat, 01 Jun 2019 15:10:36 GMT

Yes, you are correct, taxpayers over the age of 65 can add an additional $1,300 to their Standard Deduction.

Due to the Tax Cuts and Jobs Act (TCJA) that Congress signed into law on December 22, 2017, there are no longer any "short" forms. Starting in 2018, everyone uses the same Form 1040, which also includes new Schedules 1 thru 6. So there is no choice for you to make about which form to use any longer.

In addition, the Standard Deduction has been increased to the following amounts based on your filing status: (add $1,300 for age 65 or older)

Single/Married File Separate- $12,000
Head of Household- $18,000
Married Filing Joint- $24,000

topic What form do you recommend for taking the standard deduction and not itemizing my deductions? in Deductions & credits

What form do you recommend for taking the standard deduction and not itemizing my deductions?

Yes, you are correct, taxpayers over the age of 65 can ad...