i have similar situation. over 65+. Line 12 of 1040 is $14,050 on my 1040SR 2020 when previewing tax return. Turbotax determined that standard deduction was better for me than itemizing. my profile has correct birthdate. does $15700 appear automatically on line 12 for persons 65+? or is difference between $15700 and $14050 accounted for somewhere else?
