Solved: Did I get credit for being 65 years old 1300 dollar additional credit?
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New Member

Did I get credit for being 65 years old 1300 dollar additional credit?

 
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Level 15
Intuit Approved!

Did I get credit for being 65 years old 1300 dollar additional credit?

That is the Standard Deduction for Joint and both spouses are 0ver 65.

24,400+1,300+1,300 = 27,000

View solution in original post

12 Replies
Level 12

Did I get credit for being 65 years old 1300 dollar additional credit?

You enter a birth date - hopefully the correct one - that indicates you are 65 or older.  That's in the "Personal" section of the interview.  It's not a "credit", it's a "deduction".
New Member

Did I get credit for being 65 years old 1300 dollar additional credit?

will the computer automate take the deduction for been 65 or older
Level 12

Did I get credit for being 65 years old 1300 dollar additional credit?

Yes, it knows the rules.
Level 15

Did I get credit for being 65 years old 1300 dollar additional credit?

Standard deductions for 2018 

  • Single - $12,000 add $1,600 if age 65 or older
  • Married Filing Separately - $12,000 add $1,300 if age 65 or older
  • Married Filing Jointly - $24,000 add $1,300 for each spouse age 65 or older
  • Head of Household - $18,000 add $1,600 if age 65 or older
Returning Member

Did I get credit for being 65 years old 1300 dollar additional credit?

Why is it not showing up on Turbo Tax for 2019 filings

Level 15

Did I get credit for being 65 years old 1300 dollar additional credit?

Are your Itemized Deductions more?  What's on 1040 line 9?

 

For 2019 the standard deduction amounts are:

Single 12,200 + 1,650 for 65 and over or blind

HOH 18,350 + 1,650 for 65 and over or blind

Joint 24,400+ 1,300 for each 65 and over or blind

Married filing Separate 12,200 + 1,300 for 65 and over or blind

Returning Member

Did I get credit for being 65 years old 1300 dollar additional credit?

not working for me, did as you said

Level 15

Did I get credit for being 65 years old 1300 dollar additional credit?

What's not showing up?  The Standard Deduction or the extra amount for 65 and older?  Check your date of birth under My Info.  It goes by your age on Dec 31.

Returning Member

Did I get credit for being 65 years old 1300 dollar additional credit?

27000

Returning Member

Did I get credit for being 65 years old 1300 dollar additional credit?

27,000 on line 9

 

Level 15
Intuit Approved!

Did I get credit for being 65 years old 1300 dollar additional credit?

That is the Standard Deduction for Joint and both spouses are 0ver 65.

24,400+1,300+1,300 = 27,000

View solution in original post

Returning Member

Did I get credit for being 65 years old 1300 dollar additional credit?

THANK YOU !!!!!  VOLVOGIRL

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