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New Member
posted Jun 3, 2019 12:01:53 PM

Is there somewhere I can plug in itemized deductions to see if I will be able to itemize 2018?

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1 Best answer
Level 15
Jun 3, 2019 12:01:55 PM

Use the TurboTax calculator TaxCaster as it has the 2018 tax code in the application - https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

Note that based on your filing status your Total Itemized Deductions must be greater than the Standard Deduction to have any tax benefit.

Standard deductions for 2018 

  • Single - $12,000 add $1,600 if age 65 or older
  • Married Filing Separately - $12,000 add $1,300 if age 65 or older
  • Married Filing Jointly - $24,000 add $1,300 for each spouse age 65 or older
  • Head of Household - $18,000 add $1,600 if age 65 or older

5 Replies
Level 15
Jun 3, 2019 12:01:55 PM

Use the TurboTax calculator TaxCaster as it has the 2018 tax code in the application - https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

Note that based on your filing status your Total Itemized Deductions must be greater than the Standard Deduction to have any tax benefit.

Standard deductions for 2018 

  • Single - $12,000 add $1,600 if age 65 or older
  • Married Filing Separately - $12,000 add $1,300 if age 65 or older
  • Married Filing Jointly - $24,000 add $1,300 for each spouse age 65 or older
  • Head of Household - $18,000 add $1,600 if age 65 or older

Level 15
Jun 3, 2019 12:01:56 PM

Can you just add them up on a sheet of paper and see if they will be more than the Standard Deduction listed above?  But there are changes to deductions.  Like no more job expenses.  FAQ on 2018 changes <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return">https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return</a>

New Member
Jun 3, 2019 12:01:57 PM

There are calculations that need to be made so looking to plug numbers and have calculate just like as doing a return

New Member
Jun 3, 2019 12:01:59 PM

answer above not helpful as recommend but not help button

New Member
Jun 3, 2019 12:02:00 PM

taxcaster sound good but useless