Nettetpersonal exemption each taxpayer or spouse could take, an equivalent exemption for blindness was allowed for either or both individuals. (In the tax law, and in this article, … NettetIf you are legally blind, you may be entitled to a higher standard deduction on your tax return. The standard deduction amount depends on your filing status, whether you are 65 or older or blind, and whether an exemption can be claimed for you by another taxpayer.
Employment Flash - April 2024 Skadden, Arps, Slate, Meagher
NettetAn individual who is registered with MCB (or a family member) may request a copy of a Certificate of Blindness (COB). A COB verifies that the individual is registered with MCB and is needed when applying for tax exemptions and other identification purposes. To request a copy of a COB, please email [email protected] or call (617) 626 … NettetSpouse 65 or Older or Blind. You can take the higher standard deduction if your spouse is age 65 or older or blind and: You file a joint return, or. You file a separate return and your spouse had no gross income and can't be claimed as a dependent by another taxpayer. Death of a spouse. low light interior plants
Standard Deduction - Age 65 and/or Blind - TaxAct
Nettet30. mar. 2024 · If you are legally blind, your standard deduction increases by $1,700 as well. If you are married filing jointly and you OR your spouse is 65 or older, your standard deduction increases by $1,350. If BOTH you and your spouse are 65 or older, your standard deduction increases by $2,700. NettetThere is a larger standard deduction if the taxpayer and/or spouse is age 65 or older, or blind. IRS Form 1040 U.S. Individual Income Tax Return, Page 1 will indicate if there are additional amounts to include in the standard deduction.. The amount of the additional standard deduction is based on your filing status. Nettet6. apr. 2024 · If you or your spouse were age 65 or older or blind at the end of the year, be sure to claim an additional standard deduction by checking the appropriate boxes for … jasper phillip wilson clover sc