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Last year itemized deductions was my best option and this year i was selected for standard. Just wondering why

2017 tax return and 2018 tax return was basically the same.  Just wondering why this year standard deduction was the best

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Last year itemized deductions was my best option and this year i was selected for standard. Just wondering why

The Standard deduction increased for 2018 so chances are your itemized expenses are no longer higher than your standard deduction.  The new Standard Deduction rates are as follows:

  • Single or Married Filing Separate $12,000
  • Head of Household   $18,000
  • Married Filing Jointly   $24,000
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Last year itemized deductions was my best option and this year i was selected for standard. Just wondering why

The Standard deduction increased for 2018 so chances are your itemized expenses are no longer higher than your standard deduction.  The new Standard Deduction rates are as follows:

  • Single or Married Filing Separate $12,000
  • Head of Household   $18,000
  • Married Filing Jointly   $24,000
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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