Should I get the $6000.00 bonus deduction for 65 and older on my 2025 taxes?

[kevinkimlinch]

Why isn't the $6000.00 bonus deduction for 65 and older on my 2025 tax filing in TurboTax? We file married filing jointly, use the standard deduction and were both over 65 throughout the year. TurboTax gives the standard deduction of $31,500 plus the additional $1,600 each but no $6,000 each.

[xmasbaby0]

The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO.  You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)

2025 STANDARD DEDUCTION AMOUNTS

SINGLE $15,750  (65 or older/legally blind + $2000)

MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600)

MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600)

HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)

For 2025 through 2028 there is an extra  deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.

(The deduction phases out completely at $175.000 Single or HOH, or $250,000 joint)

The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e.  Turbo Tax automatically includes it.

IRS Schedule 1-A
https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf

[srvottiero]

The standard deduction of $34,700 is on line 12e of the 1040-SR.  The additional $12,000 deduction is listed just below on line 13b.  All this info is readily available to view when you save your return to a PDF file.   Hope this helps.