IRS Updates 2027 Tax Deduction for People Age 65 and Older

Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts to know for 2027.

# IRS Updates 2027 Tax Deduction for People Age 65 and Older Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts to know for 2027. **Read the full article:** [Kiplinger](https://www.kiplinger.com/taxes/irs-updates-2027-tax-deduction-for-people-age-65-and-older) *This article was originally published by Kiplinger. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*