Tax Forgiveness and Relief for Seniors

Christian Worstell
In this article...
  • Seniors age 65 or older may qualify for several tax benefits provided by the IRS. Find out about tax relief and forgiveness options for seniors.
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Seniors and retirees who are age 65 or older benefit from several tax breaks that are only available through retirement. Tax breaks, deductions and exemptions are just a few of the benefits seniors may qualify for. Find out more about tax forgiveness and relief for seniors.

Tax Forgiveness for Seniors

Tax forgiveness for seniors might imply that seniors don't have to pay taxes at all, but this is typically not the case. While Social Security income is not taxed under a certain threshold, some forms of additional income may be taxed, such as retirement income from an IRA.  Find out whether your benefits are taxable on the IRS website.

Tax Breaks and Relief for Seniors

If you collect income from sources other than Social Security, such as from a part-time job, retirement account or pension, these forms of income are generally taxed. However, the IRS also offers several tax benefits for seniors to help them keep more of their income.

Larger Standard Deduction

When you turn 65, the IRS lets you take an additional standard deduction when filing your taxes. For tax year 2022, if you're 65 or older, you can take an additional $1,850 deduction off your taxes if you're filing as a single person or head of household. If you're married and filing a joint return, you can add $1,300 for your spouse as long as they're age 65 or older.

Higher Tax Filing Threshold

In 2022, single filing taxpayers are required to file taxes when they've earned $12,550 — this is also the amount of the typical standard deduction. But if you're 65 or older, you can earn up to $14,250, which is the standard deduction plus the extra $1,850. The amounts are even higher if you're married and filing jointly:

  • If only one spouse is age 65 or older, the threshold is $26,100.
  • If both spouses are age 65 or older, the threshold is $27,400.

Social Security Taxable Income

Whether your Social Security income is taxed depends on your individual financial circumstances and how much you earn from other sources. The IRS has an online tool to help you determine if your Social Security income is taxed, and, if it is, how much of your income you can expect to be taxed on.

Credit for the Elderly or Disabled 

The IRS's Tax Credit for the Elderly or Disabled provides tax relief for seniors who may otherwise end up owing the IRS. The tax credit could be between $3,750 and $7,500 and depends on a number of factors, such as your adjusted gross income, Social Security benefits and other income you collect, such as pensions or annuities.

The IRS provides a tool that lets you check whether or not you qualify for this tax credit.

As with any matter related to finances and taxes, it's a good idea to consult the services of a professional tax advisor or financial planner if you're not sure about the deductions you qualify for.

Christian Worstell
About the Author

Christian Worstell is a senior Medicare and health insurance writer with He is also a licensed health insurance agent. Christian is well-known in the insurance industry for the thousands of educational articles he’s written, helping Americans better understand their health insurance and Medicare coverage.

Christian’s work as a Medicare expert has appeared in several top-tier and trade news outlets including Forbes, MarketWatch, WebMD and Yahoo! Finance.

While at HelpAdvisor, Christian has written hundreds of articles that teach Medicare beneficiaries the best practices for navigating Medicare. His articles are read by thousands of older Americans each month. By better understanding their health care coverage, readers may hopefully learn how to limit their out-of-pocket Medicare spending and access quality medical care.

Christian’s passion for his role stems from his desire to make a difference in the senior community. He strongly believes that the more beneficiaries know about their Medicare coverage, the better their overall health and wellness is as a result.

A current resident of Raleigh, Christian is a graduate of Shippensburg University with a bachelor’s degree in journalism. You can find Christian’s most recent articles in our blog.

If you’re a member of the media looking to connect with Christian, please don’t hesitate to email our public relations team at