I checked federal itemized deduction box, but when the program does the final check, it says I chose the standard deduction. Can you tell from your end if it is correct?

surfkooksurf — Mon, 03 Jun 2019 18:54:27 GMT

No one can see your return. Although you may have entere...

xmasbaby0 — Mon, 03 Jun 2019 18:54:28 GMT

No one can see your return. Although you may have entered itemized deductions, you may not have enough to affect your return.

Your itemized deductions have to be more than your standard deduction before you will see a change in your tax owed or tax refund. The deductions you enter do not necessarily count “dollar for dollar;” many of them are subject to meeting thresholds (for example: only the amount of your medical deductions that are over 10% of your AGI or over 7.5% if you are 65 or older are “counted”) or are calculated by a percentage of what you entered. The software program uses all the IRS rules that apply to the expenses you enter, and it tells you if you have enough to use your itemized deductions or if using the standard deduction is more advantageous for you. Here are the Standard Deductions for 2016

Your standard deduction lowers your taxable income. It is not a refund

2016 Standard Deductions

Single $6300 (65 or older + $1550)

Married Filing Separately $6300 (65 or older + $1250)

Married Filing Jointly $12,600 (65 or older + $1250@)

Head of Household $9300 (65 or older + $1550)

topic I checked federal itemized deduction box, but when the program does the final check, it says I chose the standard deduction. Can you tell from your end if it is correct? in Deductions & credits

I checked federal itemized deduction box, but when the program does the final check, it says I chose the standard deduction. Can you tell from your end if it is correct?

No one can see your return. Although you may have entere...