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Deductions & credits
Please check what is posted to your tax return. Based on your situation, the standard deduction may have been to your advantage.
- On the menu bar on the left that shows.
- My Info
- Federal
- State
- Review
- File
- Select Tax Tools
- On the drop-down select Tools
- On the popup menu
- Select View Tax Summary
- On the left sidebar
- Select Preview my 1040.
The deduction entry is on line 12.
Please compare with the Standard Deduction Rates for 2022.
For single taxpayers and married individuals filing separately, the standard deduction is $12,950 in 2022.
For married couples filing jointly is $25,900, and
For heads of households, the standard deduction is $19,400.
If you're at least 65 years old or blind, you can claim an additional 2022 standard deduction of $1,400 ($1,750 if using the single or head of household filing status).
If you're both 65 and blind, the additional deduction amount is doubled.
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‎February 21, 2023
6:34 AM
1,082 Views