JamesG1
Expert Alumni

Deductions & credits

Enter into the TurboTax software your income and all the deductions and credits that you qualify for.  After you have entered all your itemized deductions, TurboTax will choose which option gives you the best deduction.  Either:

  • Standard deduction, or
  • Itemized deductions on Schedule A.

Most 2020 Federal tax filers will be better off using the standard deduction over itemized deductions.

 

This article explains how to compare between one option or the other.

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