Is there an exemption for being over 65?

Zoe Reed | 2023-06-13 09:06:51 | page views:1753
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Ava Patel

Studied at the University of Johannesburg, Lives in Johannesburg, South Africa.
Answer. In the past, there was an extra exemption when you reached age 65. Now, if you are age 65 or older on the last day of the year and do not itemize deductions, you are en-titled to a higher standard deduction. ... If you are married, you get an additional $1,200 standard deduction.
2023-06-22 09:06:51

Ava Jackson

QuesHub.com delivers expert answers and knowledge to you.
Answer. In the past, there was an extra exemption when you reached age 65. Now, if you are age 65 or older on the last day of the year and do not itemize deductions, you are en-titled to a higher standard deduction. ... If you are married, you get an additional $1,200 standard deduction.
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