You'll need to sign in or create an account to connect with an expert.
The program will automatically calculate which would be best for you: itemizing or taking the standard deduction. To check which is currently in effect:
This does not resolve the software error for defaulting to a standard deduction of $12,200 in ERROR for a person who is claimed as a dependent on another person's return. This Error needs to be fixed in the software before you can call the case resolved. What was provided was a work around if you knew the tax law and figured out that the turbo tax program was incorrectly calculating the standard deduction in the case above.
Plus your work around does not resolve the error after the review at the end, so you do not have a clean filing.
@Anonymous
It would help if you could start a new thread and describe your situation.
You are correct that the Standard Deduction for a dependent is less than that for a Single filer.
Since we in the Community cannot see your tax return nor the screen you are on, it would help us understand your situation.
Its more of a question. But if i think i changed my standard decuction to the itemized deduction while filing my taxes. How can i change that or check if i did for my next years taxes?
Yes. You can check that by looking at your tax return. If you have already filed your return then look to see if you have a Schedule A (itemized deductions) included with your tax return. You would see the amount from Schedule A or the standard deduction on line 12a, Form 1040 (page 1).
The standard deduction would be one of the following depending on your filing status and age.
Taxpayers who are at least 65 years old or blind can claim an additional 2021 standard deduction of $1,350 ($1,700 if using the single or head of household filing status). For anyone who is both 65 and blind, the additional deduction amount is double. You're considered to be 65 on the day before your 65th birthday.
If you had any contributions there is a special law that allows an additional amount. The is a special "above-the-line" deduction of up to $300 ($600 for MFJ) for cash donations made to charity during 2021.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
rfphilli1040
New Member
stbrocato
New Member
cheltziehentz
New Member
mysmartloan19
New Member
jonequest2
Level 2