Keithrex
New Member

itemized vs standard deduction

Hello,

Our total income is $163,549 and my list of itemized deductions total $65,239 which includes $24,479 of medical expenses.  I'm using Turbo Tax premier which gives me only the standard deduction.  I also have a college age student with $20,202 worth of tuition and expenses that are included in my total itemized deductions (see above).

 

My question is why Turbo Tax only gives me the standard deduction of $26,450? 

 

Thank you.

Keith Rex