Im very confused it only gives the option $1-$3,100 and after I finished the deduction part it said i get like 13,000 back and that seems very wrong i only donated to those donations at store for like 10-20$ a couple times but i know its at least $100 the only other thing it can be is the medical expenses was $0 cause i never had any medical problems last year
You'll need to sign in or create an account to connect with an expert.
Here's more info on the 2023 Standard Deduction.
Charitable donations are used for Itemized Deductions, so would not be a factor in your return if you're using the Standard Deduction.
If you feel your deduction is too large, check your entries in this section. You may have accidently misplaced a comma or period in an amount.
Since we can't see your return in this forum, if you could clarify your issue, we'll try to help.
.Everybody is allowed a $13,850 standard deduction ($27,700 married), from income, before tax is calculated.
Alternatively, taxpayers are allowed to itemize deductions (mortgage interest, medical expenses, charity donations and state-local taxes paid, medical expenses). If your itemized deductions don't add up to more than $13,850, you get the $13,850 standard deduction. No body gets less*, but some people get more.
*There are special rules for people who can be claimed as dependents
thank you for the help it was what you said i was just being dumb about it and got confused
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jeannieb82
New Member
rfphilli1040
New Member
afrystak89
Level 1
kashyapvijay
Level 2
mpruitt71
New Member