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Returning Member
posted Apr 3, 2024 1:33:32 PM

What is the deductable for a couple age 65 and older, plus one blind?

0 3 1358
3 Replies
Level 15
Apr 3, 2024 1:35:26 PM

$32,200

 

 

Your standard deduction lowers your taxable income. The standard deduction makes some of your income “tax free.”  It is not a refund.  You will see your standard or itemized deduction amount on line 12 of your 2023 Form 1040.

 

 

2023 STANDARD DEDUCTION AMOUNTS

 

SINGLE $13,850  (65 or older/legally blind + $1850)

 

MARRIED FILING SEPARATELY $13,850  (65 or older/legally blind + $1500)

 

MARRIED FILING JOINTLY $27,700  (65+/legally blind) )  + $1500 per spouse

 

HEAD OF HOUSEHOLD  $20,800 (65 or older/blind)  + $1850)

 

 

 

Expert Alumni
Apr 3, 2024 1:36:00 PM

The standard deduction for a couple over 65/blind is $30,700

Level 15
Apr 3, 2024 1:38:46 PM

If you are both over 65 the Standard Deduction for Joint is $30,700.  But if one is  blind you get an extra 1,500.  So it would be $32,200.