Reply To: Does anyone know what the 2018TY standard deduction will be for 65+

Home Fairmark Forum Other Tax Topics Does anyone know what the 2018TY standard deduction will be for 65+ Reply To: Does anyone know what the 2018TY standard deduction will be for 65+

#1673
dienerte
Participant

As pointed out by Sunny in the November 26th post, we have to be careful when making statements. It is my understanding the standard deduction amount for people age 65 and over is dependent on filing status. For a couple filing MFJ the additional amount for each person age 65 and over is $1300. For all other filing statuses the additional amount is $1600. Tom D