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jackie168
New Member

How do I see what Turbotax figured my total deductions to be since it's only giving me the standard deduction?

I have charity information to add, but if I already know I'm not over the current total of what they have there's no point.  I need to know what I need to have in dections before I enter them. thanks.
3 Replies
AndreaG
New Member

How do I see what Turbotax figured my total deductions to be since it's only giving me the standard deduction?

To review your total itemized deductions:

  • Log in to your Turbo Tax account
  • click on "take me to my return"
  • click on the "federal taxes" tab
  • click on "deductions and credits"
  • scroll down to the bottom and choose "done"
  • Then you will come to a page that has the standard/itemized summary and you can check a box to switch between either option. When you check on the "itemized deduction" box it will show the total itemized deductions that have been calculated.
Trappfarm2
Returning Member

How do I see what Turbotax figured my total deductions to be since it's only giving me the standard deduction?

The total deductions at the end of the deductions and credits equals $27,740 for 2020. It says "You're getting the standard deduction of $27,400.

When I click "continue"  it says "Based on what you've told us, we've chosen the standard deduction for you. This deduction of $27,700 will save you the most money."

If I add the deductions for Mortgage $8169, Prop tax $184, Donations to Charity $7608, Medical Expenses $14,135 I get $30096.

Not calculating properly?

 

DoninGA
Level 15

How do I see what Turbotax figured my total deductions to be since it's only giving me the standard deduction?


@Trappfarm2 wrote:

The total deductions at the end of the deductions and credits equals $27,740 for 2020. It says "You're getting the standard deduction of $27,400.

When I click "continue"  it says "Based on what you've told us, we've chosen the standard deduction for you. This deduction of $27,700 will save you the most money."

If I add the deductions for Mortgage $8169, Prop tax $184, Donations to Charity $7608, Medical Expenses $14,135 I get $30096.

Not calculating properly?

 


The Medical expense deduction is reduced by 7.5% or your Adjusted Gross Income.  The AGI is on the Form 1040 Line 11.  Multiply the AGI by 7.5% and subtract that amount from your total medical expenses to arrive and the Medical Expense itemized deduction.

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