Page 4 of 1040-SR that is the "Standard Deduction Chart" is not being completed by TT on the top line for "Age/Blindness" section (from Standard Deduction on page 1). I have checked with others who have either an extra block checked on page 1 for age and/or blindness and their 1040-SR Page 4 is likewise blank. Why is this as there there should be an entry there for those additional blocks checked?
When you went through the questions in My Info did you indicate that either you or your spouse are legally blind? The question about that is on a screen in My Info.
Page 4 of the 1040SR is ONLY a worksheet and is not part of the return filing ... all that needs to be completed is the box on page 1 ... this page 4 is only really used for those filing paper returns not efiling.
Page 4 is just a chart of the possibilities. The actual deduction on on the 1040 line 12.
1. Page 4 at the very top has an arrow where to its right is a space for TT to insert the number of additional boxes checked on page 1. It is the only personal data that this page can carry.
2. Page 4 covers both blindness and age boxes. The number there could range from 1-4
3. Page 4 is treated as part of the return by TT as it is both specifically numbered as such and if you direct TT to print "only the return to be filed" it is one of the pages that is in fact printed.
Therefore my inquiry to TT for clarification of this matter.
Let us try this again ... the IRS doesn't need page 4 at all to figure the standard deduction at all ... using the info you entered in the MY INFO section the appropriate boxes are marked on the 1040 page 1 which automatically completes line 12 of the form 1040. This only comes into play if you are 65 or older and/or blind. Look at the forms carefully ...
@Poolmon wrote:
1. Page 4 at the very top has an arrow where to its right is a space for TT to insert the number of additional boxes checked on page 1. It is the only personal data that this page can carry.
2. Page 4 covers both blindness and age boxes. The number there could range from 1-4
3. Page 4 is treated as part of the return by TT as it is both specifically numbered as such and if you direct TT to print "only the return to be filed" it is one of the pages that is in fact printed.
Therefore my inquiry to TT for clarification of this matter.
The 1040SR is ONLY for printed paper returns. The space at the top of page is a place for you to *write* (with a pencil or pen) the number - when filing by hand on paper.
The "SR" for only paper forms that are printed in larger type at the IRS. Electronic forms in software are all the same. The 1040 and 1040SR are identical for electronic forms.
My point is, why is page 4 numbered and and printed if there is no personal info on it that is needed or used by the IRS, and why is there a line/space for entering the number of boxes checked on page 4?
Why not rely on the boxes checked on page 1 for everyone and the Standard Deduction generated on Line 12 by those boxes, rather than have everyone that files by mail confused by whether of not a blank page 4 needs to included in their filing?
@Poolmon wrote:
My point is, why is page 4 numbered and and printed if there is no personal info on it that is needed or used by the IRS, and why is there a line/space for entering the number of boxes checked on page 4?
Why not rely on the boxes checked on page 1 for everyone and the Standard Deduction generated on Line 12 by those boxes, rather than have everyone that files by mail confused by whether of not a blank page 4 needs to included in their filing?
As I said above- the "space" at the top of page form is a worksheet for *YOU* to write the number with a pen or pencil when filling out the paper form by hand.
As repeated from earlier answers - the 1040SR is for PAPER filing.
The only thing that you need to worry about is the 1040 line 12 deduction.
The IRS instructions for the 1040SR page 4 say:
Standard Deduction
If you are filing Form 1040-SR, you can find a Standard Deduction Chart on the last page of that form that can calculate the amount of your standard deduction in most situations.Don’t file the Standard Deduction Chart with your return.
It is simply a lookup chart for *you* to use for your information and is NOT part of the tax return.
Thanks for the Standard Deduction Instructions that addresses the issue of page 4.
I concur with this reply. Just a bit of more clarification/context. The message about not including the chart is on the printed instructions at the bottom of page 15, Standard Deduction, column 1. I also get why the question was posed multiple times. If the IRS didn't want the chart they should've put a disclaimer on it i.e. "Keep for Your Own Records" and not numbered the page.
Hi I file a paper return. I am not understanding why it is necessary to have this standard deduction chart going with my tax return. It seems to be an informational worksheet, but it is labeled at 1040-SR Page 4.
Am I really expected to include it in my filed return? I found it odd when I went to print that something that looks to be a "keep for your records" "information only" page is in the document for me to print and file to the IRS. Doesn't the IRS know the standard deduction brackets themselves without me having to attach the form for them?
Page 1 shows me checked off as being born before January 2, 1958
Age/Blindness
Spouse: X Was born before January 2, 1958
Is this the reason the page is printing and does the IRS really require the page sent to them with the printed return?
The Form 1040SR does include that information regarding the standard deduction on page 4. However, the Form 1040 and 1040SR have identical lines and do the calculations exactly the same way. The 1040SR has larger print. And...if you are filing by mail, you send in the printed tax form along with copies of any W-2's or 1099's that show tax withheld. When you print your return for filing by mail it will print out the pages you are supposed to include to mail to the IRS.
Thank you for replying. I am still confused on the question. I always attach W-2. This is first year I am over 65 so getting the additional amount in the standard deduction and seeing TT use this 1040-SR
My question is do I have to Print the Page 4 standard deduction page. It seems odd that it is there
This is the top line of the form I have in the pdf Turbo Tax is telling me to print:
Standard Deduction Chart*
Add the number of boxes checked in the “Age/Blindness” section of Standard Deduction on page 1 . . . . .
Reading through previous replies you are saying I need to "Write in" the number that is checked off in the "age/blindness" section?
Do I write it next to these ..... on the top line or do I take a Yellow Highlight and highlight the line of Married Filing Joint with 1 box checked and then "Your Standard Deduction is $27,300"?
@micheleaey I edited my reply above to clarify. And....You really do not need to stress so much over whether you mail page 4.
I see you said it will print out the forms I need to send and not to stress. LOL. I am just asking a question.
I wrote in my first question the the Printed Tax Filing documents Print out the Page 4 Table.
1. I want to know why it is even there since it seems to be informational, and
2. You are saying if I am printing the form to mail that I DO NEED TO INCLUDE IT IN MY RETURN?
You have not said those words in reply to me. You just said to print what TT has in the PDF to print and the fact it is there is my question and seems ridiculous to include in my return.
I just want to know if YES I need to include it. Seems odd to me if I am not filling in anything on it (writing a "1" on the top line somewhere since TT did not fill anything into THAT PAGE - only on Page 1 of the 1040-SR OR If I don't write something do I "highlight the row" pertaining to my form?
I don't see the Necessity of having this Page 4. You have not directly answered my question and I am stressing more now with this reply and you telling me not to stress than I was in the first question I asked because I am not getting a solid answer.
Yes/No? actually include page 4 to the IRS
and
What is TT doing with this form? Why is it necessary to be printed?
You do not have to include the page with standard deductions when you mail your tax return. Mail the first three pages and make sure you sign on the line that says Sign here on page 3 If you are filing a joint return, your spouse must sign too. Include Schedules 1, 2 and/or 3 if they are part of your return, and any of the other schedules that print out for filing by mail---those pages will be determined by the information you entered when you prepared your return.
"What is TT doing with this form? Why is it necessary to be printed?"
The IRS put that page there--not TurboTax. And if you look at a "regular" Form 1040 you will see a little spot on the lower half of page 1 that shows the standard deduction amounts. Since they made everything bigger for the 1040SR they went all out and gave you a whole page of big print with those amounts instead of the little version on the 1040 that some of us need a magnifying glass to read.
Thank you for letting me know I do NOT have to print Page 4.
Looking at my forms: The 1040 is in the "View" section of my program and it is Printing the 1040-SR. On Page 1 Line 12 I see the breakdown with only the $25,900 for the married filing joint and it says to "see instructions if any box is checked." I also see it under the 1040/1040SR wks where it the same and to Quickzoom to Standard Deduction Worksheet where it still only has $25,900 on that form. It keeps saying to "see instructions" but I have yet to get to "the instructions". I click through to the "supporting forms" but never get Instructions. Usually TT puts information and instructions in the View are and in the Step by Step but I have yet to find it.
I had to Google the information to see that that the Standard Deduction increases by $1400 if you are Married Filing Jointly so I could understand where the $27,300 was coming from.
TT should put this somewhere to find. There should be a line on some worksheet with the extra $1400 listed on it. The "Standard Deduction Worksheet" would be a good place. Line 2 of this worksheet only has $25,900. Adding a line 2A for the additional lines Checked off for Age/Blindness would make more sense than the way TT currently has it which only shows $25900 on all worksheets EXCEPT the 1040 where it is $27,300
I opened the PDF you attached in your reply to see the Actual Form 1040 and see the options on the Side of Line 12. There also it says See Instructions as I have mentioned. So where are these mysterious Instructions.
The instructions referred to on the Form 1040 are the instructions in the IRS instruction book:
https://www.irs.gov/instructions/i1040gi
But----instead of using this 113 page instruction book and a sharp pencil with an eraser----you were able to use TurboTax to do the calculations and understand the rules for you! Have a good night!
Yes turbo tax calculated everything but did not explain anything. There is nothing that shows a line with the additional $1400. I am not seeing this amount listing in the instructions you sent. I do find the Tip that says Don't file with the return it is there for your information
Tip:
If you are filing Form 1040-SR, you can find a Standard Deduction Chart on the last page of that form that can calculate the amount of your standard deduction in most situations.
Tip:
Don’t file the Standard Deduction Chart with your return.
Instructions do not say under Standard Deduction, that I can find, that there is a $1400 additional deduction for over age 65. The "What's New Section" of the Instructions has the fact the Standard Deduction increased and they list the categories as is shown on the return and on the worksheets. I cannot find the the $1400 for over age 65 or if blind. I find it odd that this information is so elusive and Google is required to find it. It seems the IRS is not making this information clear in their 113 page Instructions or on their Forms either , so Turbo Tax is following Suit with the information NOT being clear or listed anywhere, but TT is calculating everything correctly.
My suggestion for Turbo Tax is to make a line for it on the Standard Deduction Worksheet which I mentioned already. Digging around trying to find the amount for each addition is frustrating.
I don't think you are understanding what I am saying by telling me:
"But----instead of using this 113 page instruction book and a sharp pencil with an eraser----you were able to use TurboTax to do the calculations and understand the rules for you!"
I am saying that Turbo Tax is not making the Calculations clean or letting us know the Rules within the program and in the worksheets. Not until I PRINT my Filing Return is that information on Page 4 in the Table of Information showing up. I should not have to wait until I PRINT to ensure my return is correct and to do so I needed to Google what is the additional dollar amount (this year $1400). It should be put on a worksheet and made simple for us all to see when looking through all the forms and supporting documents in quickview.
I would like to know if you can put this suggestion through to the powers that be at turbo tax and not reply to me with the sarcasm you have in your replies.
If you use the online program you don't have to wait until the end to see the return ... OR use the downloaded program to switch to the FORMS mode at will.
You can peek at only the Federal form 1040 and the summary of the state info by going here:
1) lower- Left side of the screen...click to the left side of the "Tax Tools" text selection.
2) then select "Tools"
3) then select "View Tax Summary" from the pop-up
4) then back to the left-side and "Preview 1040"
Then hit the "Back" on the left side to get back to your tax entries.
To view your entire return using the online editions (including the state) before you file, you will need to pay for your online account.
To pay the TurboTax online account fees by credit card, without completing the 2021 return at this time, click on Tax Tools >>> Tools and then Print Center. Then click on Print, save or preview this year's return. On the next page, to pay by credit card, click Continue. On the next screen it will ask if you want Audit Defense, if you do not want this option just click on the Continue button. The next screen will ask for all your credit card information so you can pay for the account.
OMG, you all just want to offend when responding. First the other person basically patronizing me in each response. Now you are trying to teach me how to use the VIEW mode - I have said I move to VIEW all the time and told you what I saw in the VIEW mode. I have been using turbo tax now for 20 years. I am not a fool so stop speaking to me as such.
I have said multiple times I have the desktop version. I see EVERY FORM in my return when I click on view and switch from the Step by Step to FORMS. I see my 1040. The $1400 is no where to be found.
I am looking at every form in my return and every worksheet as I have stated.
Tools - Tax Summary - so what??? How does this answer my question. It shows the Standard Deduction of $27,300. You think I am a Fool that I did not already know my standard deduction is $27,300. Is that my question?
My question was and is at this point in the discussion why isn't the Extra $1400 standard deduction listed anywhere? Even the Standard Deduction Worksheet only shows $25,900. Only on the line for the standard deduction on my 1040 does the $27,300 show up.
This discussion is going absolutely no where and is getting ridiculous. It is like you don't read what I am saying and what I am asking.
I have said I am looking at the 1040 so why are you telling me to "preview the 1040".
Both of you replying are some Level 15? But you cannot read my question and my statement which is that Turbo Tax should add a line for the additional deduction amounts because I cannot find them anywhere in my return on a separate line. All the worksheets only list $25,900. No where does TT or even the IRS 113 page instruction booklet list that the additional amount is $1400 if over 65. I find it odd on the IRS part and since they don't advise neither is TT.
I saw the $27,300 in my return right away as I was doing my return because I have been using TT for 20 years and move between step by step and Forms view all the time. What I said is I do not see where it is listed anywhere and then when I print my form I see a page 4 1040-SR with the amounts listed out.
I am not going to continue repeating myself. You did not read my reply and made some reply for no reason because it did not answer my question. Are all the worksheets in TT from the IRS and so the only one that can add a line on a worksheet showing the $1400 per 65 year old is if the IRS changes the form? Or are some of the worksheets from Turbo Tax? If the IRS then they need to fix but if from Turbo Tax then they could add a line as I mentioned.
PS: Your instructions are not for a desktop version
1) lower- Left side of the screen...click to the left side of the "Tax Tools" text selection.
NO Such Place - This entire line makes no sense to me
Desktop Version the Tools tab is on the TOP of the screen. I don't click on the Left Side of the Tax Tools text selection, I click on TOOLS tab at the TOP and then the Text Selection is a drop down. Tax Summary is 6th selection down. It gives me no information I want or cant see looking at the Forms In My Return and scroll down to Tax Summary. More than one way to get to the same place, but your method does not work for desktop version
Then hit the "Back" on the left side to get back to your tax entries.
I don't hit "Back" in the "View" mode, only in Step by Step which is not what you are even describing so you must be describing online version because it is not Desktop CD version - at least not the Home & Business.
No one needs to reply again, because I am just aggravated with all the replies at this time If you are not looking at a desktop CD version. I only see the final number of $27,300 on my return and all the worksheets only show $25,900 as I described previous telling you know the Names of the Worksheets I am looking at (Peeking at as you seem to call it). If you cannot Show me where on some worksheet where it shows the additional $1400 then don't reply. I have been through every form and worksheet in my return that has anything to do with this subject and they only show 25,900 and if you checked off any box under standard deduction to see the instructions, but I don't see the number in the 113 page instructions from the IRS either. So if you find it let me know.
This type of thing drives me batty trying to look all over for something not there. It seems to be stemming from the IRS whose form the last Level 15 attached, only says see instructions instead of listing it on the form. Then it is not in the instructions. If it was in the instructions a logical place for it is either in the What's New area where they have the new Information on the Standard Deduction increases for the year. This additional Deduction increased this year from $1350 last year to $1400 so logical to put it there. Then when you look under the Standard Deduction Age/Blindness area click on the link and it takes you to the location nothing is there either so the IRS is the problem most likely and Turbo Tax just follows along and only Google can give me the answer. That is my frustration with both IRS forms/instructions and Turbo Tax that you have all this info and help on various forms and lines, but I can find nothing on this.
PS: I dont need to "Peek" at only the Federal form 1040 and the summary of the State Info, I can fully VIEW my entire return by form and by worksheet at my pleasure, and I don't find what I am asking about anywhere.
Sorry you are offended by reponses posted in a public internet forum and disappointed in a program function that is not going to change. The program computes the standard deduction based on the info you enter and the detailed computation of the standard deduction is really not needed to be explained ... you use a program to compute your return so let it do it's job. Note the blue hyperlink on that screen which tells you exactly how much the standard deduction is ... the fact that it doesn't give you the amounts in a chart format like the IRS does is really nit picking on your part IMHO.