So if you are over 65 and are Head of Household, you deduct $20,500. What about the dependent you have?
Turbo Tax has a deduction chart on Page 4 which indicated that if you are Head of Household and 2 boxes are checked in the section 'Standard Deduction' you would have a deduction of $22,200.
In the section 'Standard Deduction', one additional box is checked for the person filing who is over 65 years of age and another box is checked for the dependent child. That is a total of 2 boxes checked.
So, since I have a box for myself (over 65) checked and one for dependent child, why didn't Turbo Tax apply
$22,200 as my standard deduction on the income tax form in Turbo Tax.
Please let me know and/or how to change that amount. Thank you.
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