Did you enter itemized deductions greater than your standard deduction? If not, then TurboTax is defaulting to the best tax situation for you. At the end of the deduction items, it will give you the option to "choose Itemized Deductions Anyway"
Itemized expenses include mortgage interest, state and local taxes up to $10,000, medical expenses in excess of 7.5% of your AGI and casualty and losses in excess of 10% of you AGI with the first $100 not counting towards the loss. Your health insurance and all medical expenses are only deductible for the amount that is over 7.5% of your AGI. This means if your AGI is $50,000, then the amount that is over $3,750 is deductible. This means, you may have entered more expenses than the standard deduction, but not everything you entered counted so the standard deduction may have still been better.
Also, if you are married filing separately and your spouse is itemizing and that is why you are itemizing, go back to the personal info section and select that your spouse is itemizing their return. This will switch it to the itemized deduction instead of the standard deduction.
For single taxpayers and married individuals filing separately, the Standard Deduction is $13,850 in 2023.
For married couples filing jointly is $27,700, and
For heads of households, the Standard Deduction is $20,800
If you're at least 65 years old or blind, you can claim an additional deduction in 2023 of:
- $1,850 for single or Head of Household
- $1,500 for married or Qualified Surviving Spouse.
If you're both 65 and blind, the additional deduction amount is doubled.
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