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New Member
posted Feb 4, 2021 10:56:09 AM

I followed instruction to change from itemized to standard deductions but it doesn't work. How do I change to standard deduction for 2020?

I am filing married filing separately so need to take the standard deduction.

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2 Replies
Level 15
Feb 4, 2021 11:01:36 AM

If you are filing MFS you both have to file the same way.   If your spouse is itemizing then you must itemize too even if it gives you LESS than your standard deduction.    Or you both have to use standard deduction---it cannot be one of each.

 

HOW TO FORCE ITEMIZED DEDUCTIONS

https://ttlc.intuit.com/questions/1900142-how-do-i-change-from-the-standard-deduction-to-itemized-or-vice-versa

 

 

 

 

MFS is usually the worst way to file

If you were legally married at the end of 2020 your filing choices are married filing jointly or married filing separately.

Married Filing Jointly is usually better, even if one spouse had little or no income. When you file a joint return, you and your spouse will get the married filing jointly standard deduction of $24,800 (+$1300 for each spouse 65 or older)  You are eligible for more credits including education credits, earned income credit, child and dependent care credit, and a larger income limit to receive the child tax credit. 

 

If you choose to file married filing separately, both spouses have to file the same way—either you both itemize or you both use standard deduction. Your tax rate will be higher than on a joint return. Some of the special rules for filing separately include: you cannot get earned income credit, education credits, adoption credits, or deductions for student loan interest. A higher percent of your Social Security benefits may be taxable. Your limit for SALT (state and local taxes and sales tax) will be only $5000 per spouse. In many cases you will not be able to take the child and dependent care credit. The amount you can contribute to a retirement account will be affected. If you live in a community property state, you will be required to provide additional information regarding your spouse’s income. ( Community property states:  AZ, CA, ID, LA, NV, NM, TX, WA, WI)

 If  you are using online TurboTax to prepare your returns, you will need to prepare two separate returns and pay twice.

 

https://ttlc.intuit.com/questions/1894449-married-filing-jointly-vs-married-filing-separately

https://ttlc.intuit.com/questions/1901162-married-filing-separately-in-community-property-states

https://ttlc.intuit.com/questions/1894449-is-it-better-for-a-married-couple-to-file-jointly-or-separately

 

 

 

 

New Member
Feb 4, 2021 11:09:09 AM

Thanks for the advise.  However, I still need to know how to change from itemized to standard, as that is the way I need to file for various reasons.  The instructions in turbotax do not work.  I still need to know how to change to standardized deductions.