topic New Tax law says for married/Joint $24K for standard deduction, my new CD only shows $12,700. How will this update? in Get your taxes done using TurboTax

New Tax law says for married/Joint $24K for standard deduction, my new CD only shows $12,700. How will this update?

ajc12 — Tue, 04 Jun 2019 00:26:13 GMT

With the new tax law just passed, what will TurboTax do with the CD's already out there that have the lower %, (such as mine) Example Standard Deduction is now at $24,000 for married/jointly, the CD I purchased from you indicate 2016 &2017 Standard Deduction is $12,700 - Please advise

https://turbotax.intuit.com/tax-tips/irs-tax-return/2017-tax-reform-legislation-what-you-should-know/L96aFuPhc">https://turbotax.intuit.com/tax-tips/irs-tax-return/2017-tax-reform-legislation-what-you-should-know/L96aFuPhc</a>

I wish TT would increase the type size for the following...

SweetieJean — Tue, 04 Jun 2019 00:26:16 GMT

I wish TT would increase the type size for the following in that link:
"the bill won't affect your taxes for 2017 (the one you file in 2018)."

Thank you, I article I read didnt show that

ajc12 — Tue, 04 Jun 2019 00:26:18 GMT

Thank you, I article I read didnt show that

Thank you to all who replied

ajc12 — Tue, 04 Jun 2019 00:26:19 GMT

Thank you to all who replied

There's lot of misinformation out there.

SweetieJean — Tue, 04 Jun 2019 00:26:21 GMT

There's lot of misinformation out there.

The $24k goes into effect for 2018 returns filed in 2019,...

SweetieJean — Tue, 04 Jun 2019 00:26:22 GMT

The $24k goes into effect for 2018 returns filed in 2019, not 2017 ones.