topic Why does the page of standard deductions means when it tells me that the deduction of $6300 will save me the most money? Does it mean I owe those $6300? in Get your taxes done using TurboTax

topic Why does the page of standard deductions means when it tells me that the deduction of $6300 will save me the most money? Does it mean I owe those $6300? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/why-does-the-page-of-standard-deductions-means-when-it-tells-me-that-the-deduction-of-6300-will-save/01/135516#M56581 Sat, 01 Jun 2019 06:42:26 GMT solracarana 2019-06-01T06:42:26Z Why does the page of standard deductions means when it tells me that the deduction of $6300 will save me the most money? Does it mean I owe those $6300? https://ttlc.intuit.com/community/taxes/discussion/why-does-the-page-of-standard-deductions-means-when-it-tells-me-that-the-deduction-of-6300-will-save/01/135516#M56581 Sat, 01 Jun 2019 06:42:26 GMT https://ttlc.intuit.com/community/taxes/discussion/why-does-the-page-of-standard-deductions-means-when-it-tells-me-that-the-deduction-of-6300-will-save/01/135516#M56581 solracarana 2019-06-01T06:42:26Z No, you do not owe that amount. The $6,300 standard deduc... https://ttlc.intuit.com/community/taxes/discussion/no-you-do-not-owe-that-amount-the-6-300-standard-deduc/01/135533#M56592 No, you do not owe that amount. The $6,300 standard deduction reduces your taxes by reducing your taxable income. It is a good thing and it saves you tax money. Sat, 01 Jun 2019 06:42:27 GMT https://ttlc.intuit.com/community/taxes/discussion/no-you-do-not-owe-that-amount-the-6-300-standard-deduc/01/135533#M56592 jerry2000 2019-06-01T06:42:27Z