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Yes - Actually the amount on line 40 would be your itemized or standard deduction. If you are single and over 65 the amount of standard deduction would be $7,900 so that is your standard deduction.
TurboTax will automatically take the higher of your itemized or standard deduction.
Yes - Actually the amount on line 40 would be your itemized or standard deduction. If you are single and over 65 the amount of standard deduction would be $7,900 so that is your standard deduction.
TurboTax will automatically take the higher of your itemized or standard deduction.
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