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Deductions & credits
I am using the Deluxe TT desk top version. I answered all the personal questions by following the TT prompts in the Step by Step interviews. I have also checked the forms where the answer were transferred to. They all reflect that I am not a dependent of any tax payer. My federal standard deduction is $13,800 for a single person. Since I am 30 years of age, I do not qualify, nor am I anyone's dependent. I should be able to mark the NO box or leave it blank since the question does not apply to me. But when I mark No, TT drastically changes the amount I would get back, and I end up paying instead.
‎February 21, 2024
12:53 PM