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New Member

I have TT Deluxe, can someone explain why none of my charitable deductions and property taxes have lowered my amount owed?

 
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Leonard
Intuit Alumni

I have TT Deluxe, can someone explain why none of my charitable deductions and property taxes have lowered my amount owed?

Charitable deductions and property taxes are deducted as itemized deductions on Schedule A.  

The 2019 standard deductions are $12,200 if you are single or use married filing separate status.   $24,400 if you are a married joint-file.  $18,350 if you are filing as head of household.  

If your itemized deductions are less than your standard deduction your itemized deductions will not be used. 

 

[Edited 03/10/2020 | 10:11 am PDT]

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1 Reply
Leonard
Intuit Alumni

I have TT Deluxe, can someone explain why none of my charitable deductions and property taxes have lowered my amount owed?

Charitable deductions and property taxes are deducted as itemized deductions on Schedule A.  

The 2019 standard deductions are $12,200 if you are single or use married filing separate status.   $24,400 if you are a married joint-file.  $18,350 if you are filing as head of household.  

If your itemized deductions are less than your standard deduction your itemized deductions will not be used. 

 

[Edited 03/10/2020 | 10:11 am PDT]

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