Senior Deduction

Forum|Forum|4 months ago
March 7, 2026
2 replies
6 views

Will the bottom-line refund actually increase by $12,000 (for my spouse and I) once our return is submitted and distributed? Or did it only lower my calculated income by $12,000 increasing my refund.

Looking at it pre submit it does not reflect the total amount the $12K increase.

Appreciate your input as this is a bit confusing.....

Bsch4477

Level 15

The $12,000 deduction is not a credit. It just lowers your taxable income.

mesquitebean

Level 15

What product are you using--Online TurboTax or desktop TurboTax? We can tell you how to preview the Form 1040 for free, where you can see Line 13b for the enhanced senior deduction you are receiving.

If you are using the desktop version, you can view the Form 1040 and also view the Schedule 1-A where the enhanced senior deduction is calculated.

If you are using online TurboTax, we can tell you how to preview your Form 1040, including Line 13b for free. But to view the Schedule 1-A you'd have to go ahead and pay your TurboTax fees. Once fees are paid you can have full printing/viewing privileges of all the forms in your return.

Hal_Al

Level 15

It only lowered your calculated taxable income by $12,000, possibly increasing your refund. For many seniors there will be no increased refund, because their taxable income was already 0 due to the increased standard deduction from the 2018 tax law change.