MollsBBU
New Member

Deductions & credits

The program will automatically calculate which would be best for you: itemizing or taking the standard deduction. To check which is currently in effect:

  1. Click the Federal Taxes tab 
    or 
    Personal if in Home & Business version
  2. Then, Deductions & Credits
    Desktop users may need to click I'll choose what I work on
  3. Scroll all the way to the bottom, and click Wrap up tax breaks
    Desktop users may see Done with Deductions
  4. Continue through the interview screens
  5. The last screen will give TurboTax's suggestion for a deduction titled "We've chosen [standard or itemized] for you"
    If you disagree:
  6. You should see a check-box to Change my deduction
  7. That will expand a menu to choose to itemize or take the standard deduction