 the additional deduction is going to be $1,950. So that increased deduction is actually a tax discount for us. And some states even offer tax exemptions for people that are age 65 and over. Maryland, for example, offers an additional $1,000 exemption on its state return just for being over the age of 65. If you have a dependent that is 65 years old or older, you can get an extra exemption for them of up to $3,200.