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Christopher B, Esq.
Christopher B, Esq., Tax Attorney
Category: Tax
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Experience:  associate attorney
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Is there a second Personal Exemption for a Taxpayer over the

Customer Question

Is there a second Personal Exemption for a Taxpayer over the age of 65 for a Tax Return for tax year 2015?
Submitted: 1 month ago.
Category: Tax
Expert:  Christopher B, Esq. replied 1 month ago.

My name is ***** ***** I will be helping you today. Thank you for your question and for using justanswer.com. GIve me a second and I will get you an answer drafted.

Expert:  Christopher B, Esq. replied 1 month ago.

If you are over the age of 65 or blind, yes you receive a higher standard deduction (you cannot itemize). It is $7850 if born before Jan. 2, 1951. See link: https://www.irs.gov/publications/p17/ch20.html#en_US_2015_publink1000283781

as opposed to $6300 for a younger taxpayer. See also publication 554 IRS: https://www.irs.gov/publications/p554/ch04.html

So to answer your question, yes you are right and will receive a higher standard deduction in 2015.

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Expert:  Christopher B, Esq. replied 1 month ago.

Just checking back in, do you have any further question?

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