HI,
This was my first time to use Turbo Tax..... I am concerned that I may not have gotten my standard deduction, which line would I find it on?
You'll need to sign in or create an account to connect with an expert.
TurboTax automatically uses your standard deduction unless you enter enough itemized deductions to exceed your standard deduction or force itemizing because you are filing MFS. Look on line 8 of your Form 1040.
https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing.
Your standard deduction lowers your taxable income. It is not a refund
2018 Standard Deductions:
Single $12,000 (+ $1600 65 or older)
Married Filing Separately $12,000 (+ $1300 65 or older)
Married Filing Jointly $24,000 (+ $1300 each spouse 65 or older)
Head of Household $18,000 (+ $1600 65 or older)
note that the 'standard deduction' could be lower than stated in this thread if you are claimed as a dependent by others - it would depend on your income if that were true.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
PDS_22066
New Member
khenryus
New Member
treschakleinhans
New Member
nohareltd
New Member
emsam1806
New Member