Accounting Dictionary
Blind and elderly deduction
An additional standard deduction amount of $1,250 is allowed for an elderly or blind individual who is married or who is a surviving spouse. An additional $1,550 is allowed for a single individual or for a head of household who is elderly or blind. Thus, a married couple, each of whom is both elderly and blind receives an extra $5,000 ($1,250 x 4) standard deduction.