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scottm7114
Returning Member

Itemized/Standard Deduction

In Schedule A I have a total deduction of $28,040 on Line 17. When it transfers to Form 1040 Lines 12a and 12c show $27,800.  If I increase it by $500 for an Item in Schedule A, Line 17 changes to $28,540 and it shows up in Form 1040 Lines 12a and 12c as $28,540.  Am I missing something or is it not transferring correctly in the program for the lower amount? When I reduce the itemized deductions by $8,000 it thinks my standard deduction is $27,800.

 

I tried mortgage interest and charitable donations.  It takes around $375 to toggle it.  When I increase the itemized deductions by $350 there is no change in my tax refund. When I increase it by $375 my refund increases by $154, which does not make sense.

 

Resolved with live support.  My standard deduction plus the $600 allowed for charitable donations when the standard deduction is used, exceeds my itemized deductions.  In this case, the charitable contributions are not transferring to 1040 Line 12b properly (shows $0) so you have to enter it manually to get the correct tax calculation.  They also confirmed that my standard deduction of $27,800 is correct since we are over 65.  

 

 

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3 Replies

Itemized/Standard Deduction

"an Item in Schedule A,"

 

you don't say which item.

Have you tried adding $500 to various items ?

Itemized/Standard Deduction

I can't think of any reason the two lines should not be the same as long as your itemized exceed your standard deduction.  even if you knew which section was causing the problem it might not help because it could be a Turbotax bug that only they can fix.  contact support

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scottm7114
Returning Member

Itemized/Standard Deduction

I tried mortage interest and charitable donations.  It takes around $375 to toggle it.

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