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Business & farm
If your itemized deductions on Schedule A (including the gambling losses) are not more than the Standard Deduction then you should take the Standard Deduction. You get to take whichever deduction is more. If you used Turbo Tax it should have given you the Standard Deduction. Are you sure you used Schedule A? How much is on 1040 line 12?
‎November 21, 2024
8:06 AM