topic The difference between the Std Deduction and your deducti... in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/the-difference-between-the-std-deduction-and-your-deducti/01/147053#M61008 <P>The difference between the Std Deduction and your deductions is lower this year since the Fed std deduction was raised..</P><P>Example IF you were married(no kids) and had 28,500 itemized deductions both years. &nbsp; then in 2017 your Std deductions plus personal exemptions was ~$21,000 and putting in itemized showed a refund drop for the ~7,500 income drop.&nbsp; But for 2018, the Std ded is 24,000 so the the itemized deduction change is only ~3500.</P><P>Then, too, your "taxes" deduction is capped&nbsp; $10,000.&nbsp; You can't get a&nbsp; $13,000 deduction for state/local income taxes +Real estate taxes</P> Sat, 01 Jun 2019 07:36:46 GMT SteamTrain 2019-06-01T07:36:46Z I have 28,500 in interest and taxes (15/13) and my taxes due dropped 1,100. Years previous that was 3k+, why the change? I see no explanation on Turbo Tax. https://ttlc.intuit.com/community/taxes/discussion/i-have-28-500-in-interest-and-taxes-15-13-and-my-taxes-due-dropped-1-100-years-previous-that-was-3k/01/147038#M61003 Sat, 01 Jun 2019 07:36:45 GMT https://ttlc.intuit.com/community/taxes/discussion/i-have-28-500-in-interest-and-taxes-15-13-and-my-taxes-due-dropped-1-100-years-previous-that-was-3k/01/147038#M61003 kirkdiep 2019-06-01T07:36:45Z The difference between the Std Deduction and your deducti... https://ttlc.intuit.com/community/taxes/discussion/the-difference-between-the-std-deduction-and-your-deducti/01/147053#M61008 <P>The difference between the Std Deduction and your deductions is lower this year since the Fed std deduction was raised..</P><P>Example IF you were married(no kids) and had 28,500 itemized deductions both years. &nbsp; then in 2017 your Std deductions plus personal exemptions was ~$21,000 and putting in itemized showed a refund drop for the ~7,500 income drop.&nbsp; But for 2018, the Std ded is 24,000 so the the itemized deduction change is only ~3500.</P><P>Then, too, your "taxes" deduction is capped&nbsp; $10,000.&nbsp; You can't get a&nbsp; $13,000 deduction for state/local income taxes +Real estate taxes</P> Sat, 01 Jun 2019 07:36:46 GMT https://ttlc.intuit.com/community/taxes/discussion/the-difference-between-the-std-deduction-and-your-deducti/01/147053#M61008 SteamTrain 2019-06-01T07:36:46Z