Fed & state jumped a large amount when I took standard deduction, why?
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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.
The reason I questioned it was both Federal and State jumped about 50% refund by taking the
standard deduction.
Thanks, Frank
It jumped almost 100% which does not seem right.
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