Turning 65 during a tax year; are >65 deductions apportioned?By Marc Sevitz · Updated 23 January 2014If a taxpayer turns 65 during a tax year, are the >65 benefits applicable for the full tax year or are deductions apportioned? TaxTim Marc said:23 January 2014 at 16:25As long as the taxpayer is 65 years or older during the tax year in question then the benefits are allowed.DeductionsRetirement
If a taxpayer turns 65 during a tax year, are the >65 benefits applicable for the full tax year or are deductions apportioned? TaxTim Marc said:23 January 2014 at 16:25As long as the taxpayer is 65 years or older during the tax year in question then the benefits are allowed.
