- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can't change my deduction to itemized despite saying it's best for me. It's defaulting to standardized deduction?
I can't seem to select itemized deduction. After doing my taxes and finishing the Deductions & Credits section, TurboTax online recommends the itemized deduction and I can select "itemized" but when I preview my tax filing, it's actually showing the standard deduction ($12,400).
It says "Based on what you just told us, itemizing your deductions is best for you". For reference it's only $12,500 (itemized) vs. $12,400 (standard). I made a $2,500 contribution to charity, so the calculation is $10,000 (property, state, and local tax deduction limit) + $2,500 (deductible charity) = $12,500 itemized.
What should I do here?
Topics:
‎February 24, 2021
4:31 PM