Deductions & credits

Ok...Let's see what the program has for the Standard Deduction and the Itemized Deduction.

Assuming that you have entered all of your itemized deduction in the Deductions & Credits section.

Click on Federal on the lefts side of the screen.  Click on Deductions & Credits on the top of the screen.  Scroll down to the bottom of the Deductions and Credits web page and click on the Wrap up tax breaks button.

 

On the next or following screen the Standard Deduction and the Itemized Deduction are shown with amounts.  Which one has the larger dollar amount?

If the Standard Deduction is larger and you believe the Itemized Deductions should be higher, then where do you think the problem is occurring on the Schedule A for itemized deductions? 

 

Only the amount  of medical expenses greater than 7.5% of your AGI are deductible.  State/Local Taxes paid OR Sales Taxes Paid Plus Property Taxes paid are limited to $10,000 ($5,000 if filing Separately).