Question

Jason and Peg are married and file a joint return. Both are over 65 years of age and Jason is blind. Their standard deduction for 2019 is $28,300 ($24,400 + $1,300 + $1,300 + $1,300).

A. True
B. False

Answer 1

The given statement is b. false because the correct standard deduction for Jason and Peg in 2019 should be $28,600 after accounting for both the age and blindness factors, not the $28,300 as claimed.

Step-by-step explanation:

The statement given about Jason and Peg's standard deduction for 2019 is false. The standard deduction for a married couple filing jointly in 2019 starts at $24,400. Since both Jason and Peg are over 65, they each qualify for an additional standard deduction of $1,300.

Jason being legally blind qualifies for an additional standard deduction on top of the age-related increase. Therefore, the total standard deduction for Jason and Peg would be the sum of the base amount plus three times the additional standard deduction for age and blindness ($24,400 + $1,300 + $1,300 + $1,600). This would total to $28,600, and not $28,300 as stated in the question.