Can I take the 65 and older higher standard deduction when I turn 65 next year in 2018
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1 Best answer
xmasbaby0
Level 15
Jun 4, 2019 12:51:08 PM
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.
1 Replies
xmasbaby0
Level 15
Jun 4, 2019 12:51:08 PM
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.