TurboTax is correct in each case.
"IRS says standard for Married filing joint is $25,100" - this is for tax year 2021. But we are doing tax year 2020 right now.
"Turbo Tax shows $24,800. " - this is the correct amount for tax year 2020, which is the year we are currently doing taxes for.
"Turbo Tax fills in $27,400" - there are add-ons to the Standard Deduction for age and blindness. In your case, you are almost certainly filing married joint (MFJ), and both of you were born before January 2, 1956.
To see this, please look at the table on page 24 in IRS Pub 501.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
