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  • Re: I turned 65 in November 2024, but turbotax has entered my standard deduction as $16,550. instead of the $1950. How do i fix this? Or I will have to leave turbotax.
M-MTax
M-MTax
Level 12
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Deductions & credits

$16,550 = $1,950 (65 or older) PLUS $14,600 (single).

 

Ref https://apps.irs.gov/app/vita/content/00/00_13_005.jsp

‎February 3, 2025 6:22 AM
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