age to claim an exemption on taxes
In the past, there was an extra exemption when you reached age 65. Now, if you are age 65 or older on the last day of the year and do not... Go to TurboTax.com Sign In If you (or your spouse/civil union partner if filing a joint return) were blind or disabled on the last day of the tax year, you (and your spouse/civil union partner if qualified) are eligible for another $1,000 exemption. You must enclose medical proof with your return the first time you claim the exemption. 117 people found this helpful. In the past, there was an extra exemption when you reached age 65. Now, if you are age 65 or older on the last day of the year and do not itemize deductions, you are en-titled to a higher standard deduction. If you are Single and 65 or older, you get a standard deduction of $7.600, which is $1,500 more than those under age 65. Note: If you release a claim to exemption for a child, you may not claim the child tax credit for that child. Refer to Publication 501, Exemptions, Standard Deduction, and Filing Information or Publication 504, Divorced or Separated Individuals, for more information on the special rule for children of divorced or separated parents (or parents who live apart). Federal tax law is what determines who may claim a dependency exemption for a child. Even if a state court order allocates a child’s dependency exemption to a noncustodial parent, the noncustodial parent must comply with the federal tax law to claim the exemption. If you (or your spouse/civil union partner if filing a joint return) were age 65 or older on the last day of the tax year, you (and your spouse/civil union partner if qualified) may claim an additional $1,000 age exemption. If the custodial parent releases a claim to exemption for a child, the noncustodial parent may claim the child as a dependent and as a qualifying child for the child tax credit. The child is the qualifying child of the custodial parent, and the custodial parent is generally allowed to claim a dependency exemption for the child, if the other tests for claiming the exemption are met. If you were a full-year New Jersey resident or nonresident and you file a New Jersey income tax return, you may claim a $1,000 regular personal exemption. If someone else claims you as a dependent on their tax return, you may still take a personal exemption for yourself on your return. You can claim an additional $1,000 exemption if you were 65 or older on the last day of the tax year. If you are married (or in a civil union) and are filing jointly and your spouse was 65 or older on the last day of the tax year, he/she can claim an additional $1,000 exemption. If you file a paper return, you must enclose proof of age such as a copy of a birth certificate, driver's license, or church records the first time you claim the exemption.
The age to claim an exemption on taxes is 65 or older.