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how do I know if I received the $6000 deduction for being over age 65?

Trump passed this to help seniors with increased cost of living
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VolvoGirl
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

how do I know if I received the $6000 deduction for being over age 65?

It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify. If you are married you have to file a Joint return.


For Online version You can preview the 1040 or print the whole return
https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-f...

If you are Joint and both over 65 the full $46,700 (34,700+12,000) should be on 1040 line 14. What do you have on 1040 or 1040SR line 13b?

See the 1040 ….
VolvoGirl_Macro 10_SS 6000 1040.jpg

 

 

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2 Replies

how do I know if I received the $6000 deduction for being over age 65?

Look at Schedule 1a

VolvoGirl
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

how do I know if I received the $6000 deduction for being over age 65?

It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify. If you are married you have to file a Joint return.


For Online version You can preview the 1040 or print the whole return
https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-f...

If you are Joint and both over 65 the full $46,700 (34,700+12,000) should be on 1040 line 14. What do you have on 1040 or 1040SR line 13b?

See the 1040 ….
VolvoGirl_Macro 10_SS 6000 1040.jpg

 

 

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