2021, February 22
Hi: I just filed my 2021 Federal and CA state taxes with Turbo Tax. This note has to do with Itemized vs. Standard deductions. Here is the data from my filed return.
My Schedule A, Itemized Deductions (Line 17), is $ 31,192. My Standard Deduction plus allowance of $600 for contributions is $28,400 (Line 12c). This is less than my Itemized Deduction). The Turbo Tax program said Itemized Deductions would be best for me and I filed that way. . So I was surprised when examining the filed returns, Line 12a shows my Standard Deduction. Why did Turbo Tax use the Standard Deduction??
Thanks for any help. I need to know this in order to have confidence in the Turbo Tax program..
Ed
