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How do I receive the $12,000 credit for being over 65?

 
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MinhT1
Employee Tax Expert
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How do I receive the $12,000 credit for being over 65?

A new, temporary additional deduction of $6,000 for those aged 65 and older (or $12,000 for a married couple if both qualify) is available for tax years 2025 through 2028. The deduction begins to phase out at income greater than $75,000 and $150,000 if you’re married filing jointly. This is in addition to the standard deduction or itemized deductions. 

 

The senior deduction is automatically calculated by TurboTax based on the dates of birth you entered for each spouse.

 

The senior additional deduction is not included in the standard deduction but appears on line 37 of Schedule 1-A of your form 1040, with that amount flowing to line 13b of your form 1040.

 

In TurboTax Online, you can only view Schedule 1-A after registering and paying the TurboTax fee.

 

But you can preview your form 1040 and check line 13b of your form 1040 which includes the senior deduction among other deductions if applicable, such as the tip deduction, the overtime or the car loan interest deduction.

 

to preview your form 1040 in TurboTax Online, follow these steps:

 

  1. Open your return
  2. In the left-hand column, locate Tax Tools, click on the drop-down arrow then click on Tools
  3. On the Tools Center page, click on View Tax Summary
  4. In the left-hand column, click on Preview my 1040
  5. Your form 1040 will display.
  6. Scroll down to line 13b   and you should see the amount of this deduction included in this line.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
MinhT1
Employee Tax Expert
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How do I receive the $12,000 credit for being over 65?

A new, temporary additional deduction of $6,000 for those aged 65 and older (or $12,000 for a married couple if both qualify) is available for tax years 2025 through 2028. The deduction begins to phase out at income greater than $75,000 and $150,000 if you’re married filing jointly. This is in addition to the standard deduction or itemized deductions. 

 

The senior deduction is automatically calculated by TurboTax based on the dates of birth you entered for each spouse.

 

The senior additional deduction is not included in the standard deduction but appears on line 37 of Schedule 1-A of your form 1040, with that amount flowing to line 13b of your form 1040.

 

In TurboTax Online, you can only view Schedule 1-A after registering and paying the TurboTax fee.

 

But you can preview your form 1040 and check line 13b of your form 1040 which includes the senior deduction among other deductions if applicable, such as the tip deduction, the overtime or the car loan interest deduction.

 

to preview your form 1040 in TurboTax Online, follow these steps:

 

  1. Open your return
  2. In the left-hand column, locate Tax Tools, click on the drop-down arrow then click on Tools
  3. On the Tools Center page, click on View Tax Summary
  4. In the left-hand column, click on Preview my 1040
  5. Your form 1040 will display.
  6. Scroll down to line 13b   and you should see the amount of this deduction included in this line.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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