Get your taxes done using TurboTax

Was the mortgage interest paid greater than the standard deduction for your filing status?  If not, then the Standard Deduction will be used and not the Itemized Deduction.

 

Standard deductions for 2019

  • Single - $12,200 add $1,650 if age 65 or older
  • Married Filing Separately - $12,200 add $1,300 if age 65 or older
  • Married Filing Jointly - $24,400 add $1,300 for each spouse age 65 or older
  • Head of Household - $18,350 add $1,650 if age 65 or older