Mr. and Mrs. Keppner file a joint income tax return. Assume the taxable year is 2020.
Required:
Additional standard deduction applicable for age over 65 and for blind.
Compute their standard deduction assuming that Mr. Keppner is age 68, and Mrs. Keppner is age 60.
Standard deduction = 26,100
Compute their standard deduction assuming that Mr. Keppner is age 70, and Mrs. Keppner is age 68.
Standard deduction = 27,400
Compute their standard deduction assuming that Mr. Keppner is age 70, and Mrs. Keppner is age 68. Mrs. Keppner is legally blind.
Standard deduction = 28,700
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