state of Missouri tax
turbotax entered standard deduction amount incorrectly
it entered $14,250 instead of $12,550
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Were you 65 or older at the end of 2021?
2021 STANDARD DEDUCTION AMOUNTS
SINGLE $12,550 (65 or older + $1700)
MARRIED FILING SEPARATELY $12,550 (65 or older + $1350)
MARRIED FILING JOINTLY $25,100 (65 or older + $1350 per spouse)
HEAD OF HOUSEHOLD $18,800 (65 or older +$1700)
Legally Blind + $1350
Were you 65 or older at the end of 2021?
2021 STANDARD DEDUCTION AMOUNTS
SINGLE $12,550 (65 or older + $1700)
MARRIED FILING SEPARATELY $12,550 (65 or older + $1350)
MARRIED FILING JOINTLY $25,100 (65 or older + $1350 per spouse)
HEAD OF HOUSEHOLD $18,800 (65 or older +$1700)
Legally Blind + $1350
thanks
that will make it correct
12550 plus 1700 = 14250 That is spot on.
Also enters wrong amount for standard deduction of join elderly filers for 1040-SR. Turbo tax lists 27,800 while 28,700 is the correct amount. Running software update does not fix the problem. I am using Premier edition I purchased in 2021
Are you using the 2021 program? That is the Standard Deduction for 2021. You need to use the 2022 program. You are in the wrong program if you have both years installed. Or you need to buy the 2022 program.
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