Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
ceilingroofgoat
New Member

Can I take the 65 and older higher standard deduction when I turn 65 next year in 2018

 
1 Best answer

Accepted Solutions
xmasbaby0
Level 15

Can I take the 65 and older higher standard deduction when I turn 65 next year in 2018

That will be automatic--the software will use the date of birth you enter and calculate your standard deduction.  If you are 65 or older in 2018 the standard deduction is $1300 higher than if you are younger than 65.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

1 Reply
xmasbaby0
Level 15

Can I take the 65 and older higher standard deduction when I turn 65 next year in 2018

That will be automatic--the software will use the date of birth you enter and calculate your standard deduction.  If you are 65 or older in 2018 the standard deduction is $1300 higher than if you are younger than 65.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

Dynamic AdsDynamic Ads
Privacy Settings
v