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Tax law changes
It is based on your date of birth in My Info, so I think you will get it.
Check your FORM 1040 tax return
You will only see the Standard or Itemized deduction on line 12e of your tax return.
- However, the Senior Deduction is reflected on line 13b .
- It is reflected on Schedule 1A, Part V, Line 37
There's a $6,000 deduction for individuals older than 65, and a $12,000 deduction would apply to couples who qualify.
You can view your 1040 tax return and the supporting three schedules in the online version of TurboTax.
- On the left menu, scroll down to Tax Tools.
- If necessary, click the side arrow and select Tools.
- A box will appear in the middle of the screen.
- Select View Tax Summary.
- A tax summary will appear.
- On the left side menu bar, select Preview My 1040.
- This will bring up a copy of your 1040 Tax return.
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Tuesday