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  • Thank you, YBB
  • just bookmarked that item. Thank you.
  • beebee
    edited 3:55PM
    Thanks @yogibearbull.

    I'd like to add (since I just turned 65):
    2025 standard deduction over 65

    There's an additional standard deduction for taxpayers 65 and older and those who are blind. For 2025 that additional amount is $1,600 ($2,000 if unmarried and not a surviving spouse).

    Those eligible can add the extra standard deduction to the regular amount for their filing status. So, a single taxpayer 65 or older (or who is blind) can claim a total standard deduction of $17,000 on their 2025 federal tax return.
    Source:
    https://kiplinger.com/taxes/the-new-standard-deduction-is-here

    Also, found these contribution limits for 2025:

    "Remember there are catch-up provisions that increase some of these limits"
    -I noticed they missed the $1K catch-up provision for HSA
    image
  • For those who are "doubly challenged", the additional standard deductions stack, so they come to $3,200 (married) and $4,000 (single or head of household).
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