topic Itemized deduction wrong on 1040 in Deductions & credits

Itemized deduction wrong on 1040

manley2 — Mon, 27 Apr 2020 20:22:29 GMT

My itemized deductions are about half the standard deduction. Nevertheless, TurboTax insists on putting $25,700 (which is more than the standard deduction) on line 9 of the 1040. Quickzoom to the source shows Schedule A with correct amount. What gives?

Re: Itemized deduction wrong on 1040

DoninGA — Mon, 27 Apr 2020 20:27:29 GMT

If you are age 65 or older then there is additional amount added to your standard deduction based on your filing status. It would seem you are filing as Married Filing Jointly and one of you is age 65 or older, thus $25,700

Standard deductions for 2019

Single - $12,200 add $1,650 if age 65 or older
Married Filing Separately - $12,200 add $1,300 if age 65 or older
Married Filing Jointly - $24,400 add $1,300 for each spouse age 65 or older
Head of Household - $18,350 add $1,650 if age 65 or older

Re: Itemized deduction wrong on 1040

manley2 — Mon, 27 Apr 2020 20:43:54 GMT

OK, thanks. It would be nice if the program explained that, but I appreciate your help!