Deductions & credits

It's possible that the software chose the standard deduction after completing the calculations.  

To double check, take a look at your total itemized deductions on Schedule A line 17, and your 1040 line 12.  If the amount is lower than the standard deduction, then the software has calculated correctly.

The standard deduction for 2020 is as follows:

  • Single taxpayers: $12,400
  • Married taxpayers filing a joint return: $24,800
  • Heads of household: $18,650

Here is a TurboTax article about the standard deduction vs. itemizing.

 

To view forms in TurboTax,:

If you want to preview your tax return before filing, follow the steps below:

 

  • Sign into your TurboTax account
  • Click Take me to my return
  • Click My Account and choose Tools
  • You will then see Other Helpful Links and can select the option View Tax Summary
  • Choose Preview my 1040 and you can click Back to leave the preview screen. 

To view Schedule A and other worksheets in your tax return, follow the steps below:

  • Click My Account and then choose Print Center
  • Click Print, save, or preview this years return. You will then be prompted to register or pay if you haven’t done so to view your full return.