Did citizens over 65 years old get any major tax deductions in 2014?

By Forinfos - 05/02/2026 - 0 comments

Citizens over the age of 65 are eligible for an increase in the standard deduction amount for the year 2014, explains the Internal Revenue Service. Taxpayers 65 and older add another $1,550 to their standard deductions if filing singly, explains TurboTax.

If a taxpayer is married and filing jointly, and one taxpayer is 65 or older, the standard deduction is increased by $1,200, states TurboTax. If both taxpayers married and filing jointly are 65 or older, the standard deduction increases by $2,400. For the purpose of filing the 2014 return, the IRS considers a taxpayer to be 65 if he was 65 on December 31, 2014.

Login to Comment

Comments

Be the first to write a comment for this article.

Related Articles

What key adjustments did the IRS make to tax deductions for 2014? What are overlooked tax deductions of 2013? Are there additional tax deductions available if you are over 65? Where can you find a list of valid tax deductions for 2014? What new tax deductions are available in 2014? What are some common tax deductions for 2014 1040 tax returns? What are the most common income tax deductions in 2014? Where can someone find a list of 2014 tax deductions? What are some IRS deductions for 2014? Did any tax laws change in 2014?

Trending Articles

What is the theme of "Freak the Mighty"? What is a blazon in poetry? What is "shmoop Fuck Finn"? Who is "Bluebird" Bukowski? How do you use NBC Live Stream to watch "The Voice"? What is a "wyrm"? What is a literary canon? How do you upload a file to SoundCloud? Is Atlantis real? How is pencil lead hardness graded?