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Havens
Returning Member

Federal and state return jumped by a large amount when I took standard deduction, why?

Fed & state jumped a large amount when I took standard deduction, why?

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4 Replies
HelenC12
Expert Alumni

Federal and state return jumped by a large amount when I took standard deduction, why?

If you're asking why your federal and state refunds jumped by a large amount when you took the standard deduction, it means that the standard deduction gives you the best outcome on your federal and state taxes.  

  • Most 2020 federal tax filers will be better off with the standard deduction versus the itemized deduction.
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Havens
Returning Member

Federal and state return jumped by a large amount when I took standard deduction, why?

The reason I questioned it was both Federal and State jumped about 50% refund by taking the

standard deduction.

Thanks, Frank

Havens
Returning Member

Federal and state return jumped by a large amount when I took standard deduction, why?

It jumped almost 100% which does not seem right.

 

SForrestLO
Expert Alumni

Federal and state return jumped by a large amount when I took standard deduction, why?

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