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Error in calculating the standard deduction
I am single. I would get the standard deduction for my 2023 taxes of $13,850.
I was born in November of 1958 and I turned 65 in November of 2023. Turbo Tax is now increasing my standard deduction by $1,850, for a total deduction of $15,700.
On the forms (i.e. Form 1040) in TurboTax checks the box "You were born before January 2, 1959" and that is were I believe the extra $1,850 is coming from. I cannot uncheck that box. TurboTax automatically checked this box. TurboTax knows my birthday (Personal Wks) I was born in 1958, so I was born after January 2, 1959.
Isn't this an error? Is the 1040 form wrong with the born after date? Or do I not really deserve the extra senior standard deduction?
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‎December 25, 2023
1:49 PM