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Level 1

Last year my standard deduction when filing jointly and over 65 was15100. is this the corect amount

what should my standard deduction be last year filing jointly and over 65

2 Replies
Level 20

Last year my standard deduction when filing jointly and over 65 was15100. is this the corect amount

For 2017 the standard deduction amounts are:
Single 6,350 + 1,550 for 65 and over
HOH 9,350 + 1,550 for 65 and over
Joint 12,700 + 1,250 for each 65 and over
Married filing Separate 6,350 + 1,550 for 65 and over

So for Joint with both spouses 65+ would be 12,700+1,250+1,250 = 15,200
Level 20

Last year my standard deduction when filing jointly and over 65 was15100. is this the corect amount

Or do you want 2016?

For 2016 the standard deduction amounts are:
Single 6,300 + 1,550 for 65 and over
HOH 9,300 + 1,550 for 65 and over
Joint 12,600 + 1,250 for each 65 and over
Married filing Separate 6,300 + 1,250 for 65 and over

So it would be 15,100 for 2016