topic Re: 2022 Standard Deduction Software Bug? in Get your taxes done using TurboTax

2022 Standard Deduction Software Bug?

Regedinkel — Wed, 25 Jan 2023 20:01:54 GMT

Hi - My 2022 desktop Turbo Tax Deluxe is using a Married Filing Jointly St Ded of $27,300 - according to the Tax Summary Report . I believe the correct 2022 value is $25,900, and $27,300 is the 2023 tax year value.

Re: 2022 Standard Deduction Software Bug?

rjs — Wed, 25 Jan 2023 21:25:04 GMT

You get a larger standard deduction if you are 65 or older or blind. If one of you, either you or your spouse, is 65 or older or blind, $27,300 is the correct standard deduction for 2022.

Re: 2022 Standard Deduction Software Bug?

JamesG1 — Wed, 25 Jan 2023 21:27:16 GMT

MFJ Standard Deduction of $25,900

Plus additional deduction of $1,400 for 65 or older, or blind, per person, per event

Equals $27,300

Does your tax return qualify for the additional deduction?

See IRS 1040 Instructions page 9