Solved: Should I take the standard deduction rather than itemize if I am over 65, and have no mortgage

Should I take the standard deduction rather than itemize if I am over 65, and have no mortgage

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Yes, unless you have significant medical bills or charity donations, you are better to file using the increased standard deduction for taxpayers over 65.

The standard deduction for a single taxpayer over 65 is $13,600 in 2018.

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Yes, unless you have significant medical bills or charity donations, you are better to file using the increased standard deduction for taxpayers over 65.

The standard deduction for a single taxpayer over 65 is $13,600 in 2018.