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The deduction is based on your date of birth in My Info. So it is included.
You will only see the Standard or Itemized deduction on line 12e of your tax return.
There's a $6,000 deduction for individuals older than 65, and a $12,000 deduction would apply to couples who qualify.
For more information, see Deductions for Seniors.
Its not a credit. it's a deduction, separte from the standard deduction, that can get phased out if your income is too high. The calculation is done on Schedule 1-A part V and carried to line 13b of your 1040
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