Married filing jointly, both over 65 years old, with income below $150,000. What is the correct standard deduction?

[ronikeiser]

Turbox Tax software automatically figured $34,700. I think this is too low. Standard is $31,500 +$1600 +$12,000 ($6000 x2) total $39,500. Correct?

[DoninGA]

Standard deductions for 2025

Single - $15.750 add $2,000 if age 65 or older
Married Filing Separately - $15,750 add $1,600 if age 65 or older
Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older
Head of Household - $23,625 add $2,000 if age 65 or older

New Bonus Standard Deduction (OBBB):
An additional $6,000 deduction for taxpayers 65 and older.
This is per eligible individual, meaning a married couple both over 65 could get $12,000.
Important: This bonus deduction is temporary, lasting from 2025 through 2028.
Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.

The amount is calculated on Schedule 1-A, Part V, with that amount flowing to Form 1040 Line 13b

Look at your Form 1040 -

You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

[JohnB5677]

For your situation the standard deduction that will be shown on your 1040  line 12e is $34,700.

• That's $31,500 base, and $1,600 X 2 for two seniors. 
• The new  $12,000 Senior Deduction is on the second page of your tax return on line 13b. (This may include other credits)

For more information, see What's my standard deduction for 2025?