Hello-
I turned 65 last year and for the first time didn't have enough deductions to itemize so turbotax recommended taking the standard deduction which I did. I'm now working on my 2024 taxes. After reviewing the 2023 and 2024 senior deductions I'm a bit confused. For 2023 the senior standard deduction filing single was $1,850. But after reviewing my 2023 taxes, I noticed turbotax gave me a standard deduction of only $15,700. For this year (2024) the senior standard deduction is $1950 but my tax form (still in progress) is only showing $16,550. I'm using turbotax on-line so calculations should be current according to my age. What am I missing?
Thank you.
