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Get your taxes done using TurboTax
Ok, thank you. It doesn't make much sense to me. I assume the Fed standard deduction was arrived at somehow to include an average of all state taxes. Any idea how the Feds arrive at that standard deduction? I can see adding the state refund to Schedule 1 being mandatory, if you want to deduct the refund on your state taxes, but in my mind, it shouldn't matter whether you itemize or take the standard deduction.
March 20, 2023
11:28 AM