DanaB27
Expert Alumni

Deductions & credits

Please follow these steps to change to Itemized Deduction:

  1. Open your return
  2. Click on “Deduction and Credits” tab on top
  3. Scroll down and click "Done with deductions"
  4. Continue until you get to the "Standard Deduction is right for you" page
  5. Check the box  next to "Change my deduction"

 

 

 

 

Standard deductions for 2020 

  • Single - $12,400 add $1,650 if age 65 or older
  • Married Filing Separately - $12,400 add $1,300 if age 65 or older
  • Married Filing Jointly - $24,800 add $1,300 for each spouse age 65 or older
  • Head of Household - $18,650 add $1,650 if age 65 or older

 

Possible Itemized Deductions are:

  • Medical and dental costs above and beyond 7.5% of your AGI 
  • State, local, real estate, and personal property taxes ($10,000 limit)
  • Home mortgage interest
  • Charitable donations and gifts

 

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