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audreyP
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| Posted: 23 Nov 2011 at 16:15 | IP Logged
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In Becker, the additional standard deduction amount for age
65 or blind are both included to calculate the sum.
However, in Wiley, only the additional standard deduction
for age is included. (blindness is not included).
Which one is correct?
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WanabeACPA
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| Posted: 23 Nov 2011 at 22:37 | IP Logged
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Can you give some examples from the different books?
__________________
AUD - 91
FAR - 82
BEC - 87
REG - 11/30
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nambivar
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| Posted: 30 Nov 2011 at 21:00 | IP Logged
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I quote from this webpage :
http://www.irs.gov/taxtopics/tc551.html
.....For example, a single taxpayer who is age 65 and
blind would be entitled to a basic standard deduction and
an additional standard deduction equal to the sum of the
additional amounts for both age and blindness....
-=-=-
So if someone is 65 or older AND also blind, that person
is eligible for the additional standard deduction for age
AND blindness.
Hope this helps
-=-=
Passed B,F 4/11,R 8/11 and A 11/11
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audreyP
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| Posted: 14 Dec 2011 at 08:36 | IP Logged
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Thank you, guys! I am sorry I confused you. I was asking
about the general rule for the requirement for filing.
Wiley is correct. On page R1-7, Becker says, a taxpayer
must file a return if his or her income is equal to or
greater than the sum of: c. the additional standard
deduction amount for taxpayers age 65 or over or
blind (except for married persons filing separately).
Wiley says the additional standar deduction for blindness
and dependency exemptions are not included here.
I did some research on irs.gov, and actually found Becker
is wrong.
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Topic: General rule for filing--different
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