My itemized deductions are about half the standard deduction. Nevertheless, TurboTax insists on putting $25,700 (which is more than the standard deduction) on line 9 of the 1040. Quickzoom to the source shows Schedule A with correct amount. What gives?
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If you are age 65 or older then there is additional amount added to your standard deduction based on your filing status. It would seem you are filing as Married Filing Jointly and one of you is age 65 or older, thus $25,700
Standard deductions for 2019
OK, thanks. It would be nice if the program explained that, but I appreciate your help!
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