Completed my taxes. Correction on calculation of Senior Bonus Deduction.
Posted on February 8, 2026

Fidelity issued my 2025 tax reporting statement, and I used TurboTax to file our taxes yesterday. I came close to the 1 hour 32 minute time estimate that TurboTax estimated for our Federal return.

I previously issued a line-by-line display of your 1040 to use as a check with TurboTax. The calculation of the “Enhanced (Standard) Deduction for Seniors” was a bit different than I assumed. The bonus deduction is a bit more; the amount of taxes you owe will be a bit less. This is the revised spreadsheet for single filer over age 65, and this is the revised spreadsheet for married, joint filers (both over age 65).