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breedo38
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Don't older people get a bigger standard deduction

 
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Don't older people get a bigger standard deduction

Those over age 65 get a larger standard deduction. The amount depends on filing status. TurboTax calculates that automatically. 

Don't older people get a bigger standard deduction

Standard deductions for 2021

  • Single - $12,550 add $1,700 if age 65 or older
  • Married Filing Separately - $12,550 add $1,350 if age 65 or older
  • Married Filing Jointly - $25,100 add $1,350 for each spouse age 65 or older
  • Head of Household - $18,800 add $1,700 if age 65 or older

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