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New Member
posted Apr 14, 2022 2:29:41 PM

Agi of 60000, 4000 to charities, can I still use standard deduction?

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2 Replies
Level 15
Apr 14, 2022 2:32:29 PM

If the charitable donation is your only itemized deduction the TurboTax program will automatically use the Standard Deduction on your tax return.

Alumni
Apr 14, 2022 2:40:32 PM

Yes, you can generally always use the standard deduction, unless a specific circumstance prohibits it.

 

AGI doesn't change standard deduction v. itemized (unless you get into high income areas.)  What matters is filing status, (single/MFJ/MFS/Head of household) and age.

 

For single under age 65, the standard deduction is $12,550.  Unless you have other itemized deductions that together with the $4,000 to charities would be over $12,550, use the standard.

 

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf

 

https://www.irs.gov/pub/irs-pdf/f1040.pdf    look in box for line 12a