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To: Jamestown1630

The over 65 benefit is obtained in the increased standard deduction (assuming you don’t itemize) - line 8 on the new Form 1040 - note the instructions at the side of the page “If you checked any box under Standard deduction see instructions” - then check the instructions for that line to see the value of the increased deduction for those aged 65 and handicapped......


28 posted on 01/21/2019 6:26:48 PM PST by Intolerant in NJ
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To: Intolerant in NJ

Thanks; jjotto directed me to page 35 of the instructions, and that’s what I just wasn’t seeing.

Thanks to everyone.


29 posted on 01/21/2019 6:29:54 PM PST by Jamestown1630 ("A Republic, if you can keep it")
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To: Intolerant in NJ

if you DO itemize, does that mean you don’t get the old people credit?.....


44 posted on 01/21/2019 8:58:46 PM PST by cherry
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