You'll need to sign in or create an account to connect with an expert.
The Standard Deduction is automatically used unless you have entered Itemized Deductions on Schedule A with a total which is greater than the Standard Deduction for your filing status.
Standard deductions for 2023
Single - $13,850 add $1,850 if age 65 or older
Married Filing Separately - $13,850 add $1,500 if age 65 or older
Married Filing Jointly - $27,700 add $1,500 for each spouse age 65 or older
Head of Household - $20,800 add $1,850 if age 65 or older
Compare the standard with the itemized deduction and take the greater. If you report your itemized deductions in TurboTax the program will automatically give you the correct one for both federal and state tax.
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.
afrystak89
Level 1
mpruitt71
New Member
fpho16
New Member
stbrocato
New Member
fjordlander65
New Member