Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
redhedgeeast
New Member

My return is based upon 2 exemptions at $4050 each, for my spouse and me. My spouse was born before January 2, 1952. How is the extra exemption factored into our return?

 
1 Best answer

Accepted Solutions
Texas Roger
Level 15

My return is based upon 2 exemptions at $4050 each, for my spouse and me. My spouse was born before January 2, 1952. How is the extra exemption factored into our return?

The exemption doesn't change for someone 65 or over. The standard deduction increases $1250.

View solution in original post

1 Reply
Texas Roger
Level 15

My return is based upon 2 exemptions at $4050 each, for my spouse and me. My spouse was born before January 2, 1952. How is the extra exemption factored into our return?

The exemption doesn't change for someone 65 or over. The standard deduction increases $1250.

Dynamic AdsDynamic Ads
Privacy Settings
v