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Do I have to have the Standard Deduction?

My refund went from almost $500 with the Standard Deduction but when I added a little bit more income it cut my refund in half because of the Standard Deduction.
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Accepted Solutions

Do I have to have the Standard Deduction?

It is possible that the extra income put you into a higher tax bracket.

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3 Replies

Do I have to have the Standard Deduction?

It is possible that the extra income put you into a higher tax bracket.

Do I have to have the Standard Deduction?

Yeah. But do I have to file with the Standard Deduction?

Do I have to have the Standard Deduction?

No.  You always have the option to itemize.
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