burky319
New Member

I filed 'Married filing jointly', but my standard deduction is showing as 12,700. Shouldn't it be 24,000?

 

Get your taxes done using TurboTax

Not until next year when we file the 2018 taxes, then the new tax laws come into play.

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

View solution in original post

MinhT
Expert Alumni

Get your taxes done using TurboTax

The standard deduction for a married couple filing jointly is $12,700 for tax year 2017.

It will be increased to $24,000 only from 2018.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Get your taxes done using TurboTax

24000
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪