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If I qualify for the $6000 Senior deduction why am I not getting it

Turbo tax told me I qualify but I didn’t get my senior deduction
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2 Replies
DianeW777
Expert Alumni

If I qualify for the $6000 Senior deduction why am I not getting it

Yes, you likely got it but it's not where you might expect.  First be sure you have the correct birth date for each spouse. Next you can preview your tax return because it's not part of the standard deduction. It is a separate deduction from income and not a credit. See the instructions below to check for it on your tax return.

To qualify, the following must apply:

  • If your income is above $75,000 ($150,000 if Married filing jointly) the bonus deduction decreases by $.06 for every dollar over the relevant amount. 
  • This deduction is available whether you itemize or take the standard deduction.
  • If your filing status is married filing separately you are not eligible for this deduction.
  • This bonus deduction is ONLY for those over 65, it does not apply to those who are blind and under 65.  

From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)

  1. Select Tax Tools
  2. On the drop-down select Tools
  3. On the pop-up menu titled “Tools Center”, select View Tax Summary 
  4. On the left sidebar, select Preview my 1040 
  5. See Line 13-B on your 1040 for the amount. Additional deductions from Schedule 1-A, line 38

For TurboTax Desktop, change to 'Forms' and review the forms.    

 

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pk
Level 15
Level 15

If I qualify for the $6000 Senior deduction why am I not getting it

@user17757554846 , are you saying that you do not see the amount in section IV of Schedule-1A  ( think it is line 36 ) ?

Note that there is  phaseout  based on income.

 

Please answer  and I will try to replicate the issue --- I have windows desktop  Home & Business.

 

I will circle back once I hear from you --yes ?

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