685290
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

For 2016 I itemized but line 40 shows $12600 does this mean even though I itemized it was not enough and the standard deduction was used?

for 2016 I itemized but line 40 of  1040 shows $12600 does this mean even though I itemized it was not enough and the standard deduction was used?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

For 2016 I itemized but line 40 shows $12600 does this mean even though I itemized it was not enough and the standard deduction was used?

It means you did not itemize in 2016 and the total was less than the 2016 standard deduction of $12,600.

It is $12,700 for 2017 and $24,000 for 2018 for Married Filing Joint. 

View solution in original post

1 Reply

For 2016 I itemized but line 40 shows $12600 does this mean even though I itemized it was not enough and the standard deduction was used?

It means you did not itemize in 2016 and the total was less than the 2016 standard deduction of $12,600.

It is $12,700 for 2017 and $24,000 for 2018 for Married Filing Joint. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question