rjs
Level 15
Level 15

Get your taxes done using TurboTax

You are not using the correct formula for the deduction for seniors. On a joint tax return the 6% phase-out amount is applied separately to each spouse. Look at Schedule 1-A and follow the steps in Part V line by line. You will see how the calculation is done. TurboTax follows the instructions on the form.

 

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