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Get your taxes done using TurboTax
My State of VA return has not changed since 3/26 update for federal, but I have been in contact with a TurboTax CPA and we went over the State of VA form. My difference came from lines 4A and 4B which is the Age Deduction calculation which is based on Federal Adjusted Gross income (which has been reduced by $10,200). This Age deduction comes into play for taxpayers born on or between January 2, 1939 and January 1, 1956. If you are within this age and are filing 1040-SR I believe calculations are correct even though it appears to be double counting the 10,200. Make sense? I suspect it's an unintentional result of this age deduction. (yippie for us oldies)
March 31, 2021
8:22 AM