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Bug in TurboTax Deluxe 2020 Deductions--Only Returns Standard Deduction
I've just finished entering all of my tax data into TurboTax Deluxe 2020, including itemized deductions that are greater than the standard deduction. The step-by-step interface told me that I would be getting the Federal Itemized Deduction on my taxes. However, when reviewing my tax forms I found the following;
1. The correct itemized deduction on Schedule A that exceeds the Standard Deduction
2. The Standard Deduction was entered as my deduction on the 1040 form.
I've tried a number of ways to override this issue, but to no avail. That has included adjusting the type of deduction taken in the step-by-step interface. At this point, there seems to be a bug in the software. Is this the case and how do I resolve this problem?
March 20, 2021
8:37 AM